Housing market is cooling

Housing market is cooling as an estimated 25% of home listings cut their asking prices: ‘We’re shifting from a real buying frenzy to much more normal conditions’ – MarketWatch

Home sellers are slashing prices as the housing sector cools, according to a research from a real-estate data firm.

More than 25% of homes on the market right now have cut their price, Altos Research found, which is in stark contrast to how prices have been climbing over the last two years. 

https://www.marketwatch.com/story/housing-market-cools-as-an-estimated-25-of-home-listings-cut-their-asking-prices-were-shifting-from-a-real-buying-frenzy-to-much-more-normal-conditions-11655230463