Home prices tick down 0.1% in july, fall in 39 of the top 50 u.s. metros

Seattle--(business wire)--u.s. home prices nudged 0.1% lower in july on a seasonally adjusted basis—the third consecutive month that prices posted a monthly decline. that's according to a new report from redfin, the real estate brokerage powered by rocket. on a year-over-year basis, price growth slowed to 2.9%, the lowest rate recorded in redfin home price index (rhpi) data going back to 2012. this is according to the redfin home price index (rhpi), which uses the repeat-sales pricing method to.
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