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Benzinga
Benzinga
Business
Bibhu Pattnaik

American Home Sellers Retreat as Buyers Push Back Against Record Prices

Housing

U.S. home sellers are pulling their properties off the market as buyers resist high asking prices.

What Happened: According to a report from Realtor.com, 48% surge in nationwide delistings in July compared to the same period last year. For every 100 homes newly listed in the US market in July, 21 were delisted.

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