Description: Home sellers are getting nervous, as the once-hot housing market cools fast. One in 5 sellers in August dropped their asking price, according to Realtor.com. A year ago that share was just 11%.

Source: CNBC.com – video report

Date: Sep 02, 2022

Link: https://news.yahoo.com/one-five-home-sellers-now-170415151.html

Questions for discussion:

• What does the report say about how house prices have changed as a response to interest rate movements?
• Why would rents change?
• What do you think these changes will mean for businesses connected to housing?
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