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Higher-priced properties see largest price gains as investor purchases and market share rise
First American also reported house prices nationally are now 55% higher compared to pre-pandemic levels, while Redfin reported a 0.2% uptick in home prices.
More home-purchase agreements canceled than any other July on record
Typical homebuyer paid $2,588 during four weeks ending August 11
San Jose and Las Vegas home to 27% year-over-year growth in investor purchases
According to Redfin, the total value of the U.S. housing market grew 6.6% year over year.
