Redfin Reports Fewer Homes for Sale in September; Declining Number of Listings Holds Back Home Sales
Yahoo! Finance
(NASDAQ: RDFN) -- The median home sale price rose 14% year over year to $376,800 in September, the lowest growth rate since December 2020, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. September marked the 14th consecutive month of double-digit price gains. Closed home sales and new listings of homes for sale both fell from a year earlier, by 5% and 9% respectively.
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