In the latest report from Zillow, it was revealed that nearly one-quarter of all listings received a price cut in June. This data represents the highest rate at this time of year since 2018, indicating a significant trend in the real estate market. Alongside this, Zillow highlighted that home value growth has slowed down as inventory levels increase.
Key points:
– 24.5% of listings experienced a price cut in June
– Highest rate of price cuts at this time of year since 2018
– Home value growth has slowed as inventory rises
You can read this full article at: https://wrenews.com/zillow-price-cuts-on-one-in-four-listings-in-june/
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