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2 weeks ago

These 5 cities are seeing big home price cuts

The housing market remains hot in much of the country, with rising prices creating affordability concerns for would-be buyers – though some markets are seeing sizable amounts of price cuts over the last month.Data from Realtor.com found that nationally, the share of active listings that carry a price reduction was at 16.7% in April – a figure that is elevated compared with historical trends but is actually lower than a year ago as prices trended toward an equilibrium.Several markets across the Sun Belt and Mountain West regions have seen price cuts more frequently than the national average, th...