Home Prices Dip Slightly as Inventory Rises
Average home prices fell for the first time this year as more listings came onto the market, giving buyers more options.
The housing market showed signs of cooling this month as the supply of available homes increased and average prices dipped slightly.
Economists believe rising inventory will continue to ease price pressure through the second half of the year.
First-time buyers, who have struggled with affordability, may find more opportunities in the coming months.
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