Redfin’s latest report revealed an increase of 4.2% in starter home prices compared to the previous year. Despite this rise, only 2.5% of homes changed hands in the real estate market over the past year, reflecting a trend of slower transactions in the industry.
Key points:
– Starter home prices saw a 4.2% year-over-year increase according to Redfin
– Only 2.5% of homes were sold in the past year, indicating a sluggish market
– The data highlights a trend of decreased real estate transactions in the industry
You can read this full article at: https://wrenews.com/report-only-2-5-of-homes-changed-hands-this-year/
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