August Home Prices Fell at the Fastest Rate in Six Years

After soaring to a peak high of $450,000 in June, home prices are finally beginning to fall, giving long-delayed homebuyers an upper hand when it comes to negotiation in a cooling seller’s market. National prices dropped from $449,000 in July to $435,000 in August, the largest month-to-month decline in data history dating back to 20src6,…
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