Starter Homes Are Piling Up While Luxury Homes Fly Off the Market
- Zillow data shows supply, price cuts and competition moving in opposite directions for starter and luxury homes.
- Key findings: There are 4.5% more starter homes available than there were last year, price cuts are more common and there are fewer bidding wars.
- Yet starter home sales fell 5.4% in May, according to new Zillow data.
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- Zillow data shows supply, price cuts and competition moving in opposite directions for starter and luxury homes.
- Key findings: There are 4.5% more starter homes available than there were last year, price cuts are more common and there are fewer bidding wars.
- Yet starter home sales fell 5.4% in May, according to new Zillow data.
Sources: Zillow