"Housing Market Shift: Fewer Homes Selling with Price Cuts A new trend is emerging in the US housing market, with a significant decline in the number of homes being sold with price cuts. According to recent data, by the end of June, the share of for-sale homes with price reductions was 1.9 percentage points lower than the same period last year. This shift suggests that sellers may be more confident in their asking prices, or that buyers are becoming more willing to pay the listed price. The implications of this trend could have far-reaching effects on the market, potentially impacting the pace of sales and the overall health of the housing market."
By the end of June, the share of for-sale homes across the US with price cuts was 1.9 percentage points lower than the prior year.
