Home Prices Drop Faster Than Last Two Years — What’s Behind the Trend? 🏡
Explore why home sellers are slashing prices at the quickest rate in nearly two years and how declining buyer interest is impacting the housing market. Find out what this means for buyers and sellers alike.
About this video
A look at weekly and monthly data could show that homes for sale are seeing price cuts and fewer people are buying new homes, as consumers continue to grapple with high mortgage rates. Median sale prices hit records in the month of May 2024. Data points to the highest number of price cuts in nearly two years, which could suggest struggles ahead.
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0:57
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Published
May 31, 2024
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