In recent news, the housing market has shown signs of stabilization as home prices have increased by 7.2% on a year-over-year basis. This growth rate reflects a cooling trend in home price acceleration, indicating a more balanced market for buyers and sellers alike.

Key points from the article include:
– Home prices rose by 7.2% year-over-year
– Redfin reports a cooling in home price acceleration
– The balanced market benefits both buyers and sellers
– Further details can be found in the full article on Redfin: Home Price Acceleration Has Cooled on Weekly Real Estate News website.

You can read this full article at: https://wrenews.com/redfin-home-price-acceleration-has-cooled/

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