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Median asking price dropped $3,000 in past week
The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19
Redfin analysis indicates one-third of homes for sale in Q1 2024 were newly built
Redfin analysis shows Gen Z homebuyers buying in Rust Belt metros
High home prices and interest rates keep buyers and sellers stagnant, Redfin reports.
This group of homebuyers, less sensitive to today's high mortgage rates, is getting back in the game.
