Homebuyers See Record $25,000 Price Cuts as Housing Market Rebalances

Reuters11-24

Homebuyers See Record $25,000 Price Cuts as Housing Market Rebalances

Zillow Group Inc. has released a new analysis highlighting significant changes in the U.S. housing market this fall. According to the report, the typical home listing in October received cumulative price cuts totaling $25,000, matching the largest discounts Zillow has ever recorded. The trend reflects a rebalancing market, with sellers adjusting their expectations amid affordability pressures on buyers. Multiple price reductions are becoming more common as homes take longer to sell, though most sellers still have enough equity to profit after cuts. The largest median discounts were seen in expensive markets such as San Jose, Los Angeles, and San Francisco, while relatively smaller but impactful percentage discounts were observed in cities like Pittsburgh and New Orleans. Conversely, markets with faster sales, like St. Louis and Indianapolis, saw the smallest discounts. Zillow's analysis indicates that patient buyers are benefiting from these price adjustments as the market becomes more favorable to them.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zillow Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF31506) on November 24, 2025, and is solely responsible for the information contained therein.

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ID: SF31506) on November 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4548","symbol_name":"巴美列捷福持仓","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251124:nNDL2ft7Nr:1","article_id":"2585462527","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2585462527","pubTimestamp":1763989281,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Zillow Group Inc. has released a new analysis highlighting significant changes in the U.S. housing market this fall. 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