Record Share Of Home Sellers Cut Listing Prices In February: Report

Record Share Of Home Sellers Cut Listing Prices In February: Report A record share of home sellers cut their listing prices in February as competition for homebuyers necessitated steep price reductions, an April 9 report by real estate platform Redfin said. About 34.2 percent of sellers reduced their listing prices in February, up from 31.5 percent in the same month a year earlier, according to Redfin’s analysis of MLS data. That was the highest February share since the firm b...