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Why fewer homes are taking a price cut, even while inventory rises

Housing Wire

So far in 2024, fewer homes are taking price cuts than in 2023, and this trend is on the verge of breaking below the 2023 lows in price cuts percentages. While weekly inventory is still falling, we have year-over-year growth in total active listing and new listings data. Here is a look at last week: Weekly inventory change (Feb.

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Housing Market Tracker: Banking crisis is a new variable

Housing Wire

The housing market was crazy again last week. Here’s a quick rundown of the last week: The 10-year yield had a roller-coaster week, and so did mortgage rates, but the 10-year yield held its critical line, and mortgage rates ended at 6.55%. New listing data collapsed, but we are putting an asterisk on that data line for this week.

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