BUSINESSNY POST
Price cuts creep back up as summer selling season stalls
The share of for-sale homes in the US with price cuts decreased by 1.9 percentage points compared to the prior year by the end of June, as the summer selling season shows signs of stalling.
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Adjacent reporting
- House sales drop in summer property slump: Frustrated sellers urged to cut price now, not wait until September
- US existing home sales unexpectedly fall in June as house prices hit record high
- Here's why the housing market is hurting so much this summer
- US home prices hit an all-time high as sales slow and mortgage rates rise