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Market Information • June 15, 2024

Despite Headlines, Home Prices Aren’t Falling!

by Jason Valentine

If you’re seeing headlines about sellers slashing prices and are worried about what that means for home values, let’s clear things up. There’s a difference between the asking price and the sold price. While more sellers are adjusting their asking price, that’s a signal of moderating demand – not falling home values. As this graphic shows, actual sold prices are still climbing. #homeprices #housingmarketupdate #keepingcurrentmatters

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