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Share of U.S. homes worth at least $1 million has fallen to 7% from 8.6% last June.
White households had three times as many affordable housing options as Black households.
Redfin economist says housing market took 2 steps forward in December and January, but one step back in February.
As mortgage rates rise, home sale prices were essentially unchanged YOY for the 1st time since 2015.
Bay Area housing market lost the most in percentage terms.
Homebuyers retreat as mortgage rates rise for second straight week.
