✉news BusinessReal Estate first seen 19 h ago, last 3 h ago, peak #9
Denver home sellers cut prices as sales hit 2008 levels
Original: Denver home sellers cut prices as sales drop to 2008 recession levels
Home sellers in Denver are cutting their asking prices as home sales in the Colorado metro fall to levels last seen during the 2008 recession. The drop suggests the region's housing market is cooling sharply amid affordability pressures, with sellers losing pricing power as buyer demand weakens.
Why now: The housing market slowdown is hitting a major US metro hard, drawing attention from buyers, sellers and economists watching for a wider downturn.
DenverDenver7Colorado housing market
Rank over time, top of the chart is #1. 12 snapshots from 19 h ago to 3 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1548931