The US housing is turning more buyer-friendly as sellers step up price cuts
A pile up of inventory is giving homebuyers more options in the housing market, Zillow says.
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- Nearly a quarter of homes on the market saw price cuts in June, Zillow says.
- For this time of the year, that's the highest rate since 2018.
- High costs and rising inventory are leading to easing competition, the real estate firm said.
The US housing market looks to be regaining some balance, with price cuts helping buyers find their footing, Zillow said.
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