Redfin reports u.s. home prices fall 5-10% from last year for russian, japanese and european buyers as dollar weakens

Seattle--(business wire)-- #housingmarket--the median price of a u.s. home rose 1% to a record $447,035 in june, straining affordability for many americans. but for international buyers using russian, japanese or european currencies, the typical home now costs 5% to 10% less than it did a year ago—thanks to a weaker u.s. dollar. that's according to a new report from redfin, the real estate brokerage powered by rocket. u.s. home prices are down nearly 10% in russian rubles of the foreign currencies redfin examin.
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