Home prices are getting slashed as inventory climbs and high mortgage rates push sellers to compete for buyers, Zillow says

Home prices are getting slashed as inventory climbs and high mortgage rates push sellers to compete for buyers, Zillow says

Jessica Rinaldi/Reuters

Home prices are getting slashed at an unusual pace, thanks to a recent surge in inventory and still-high mortgage rates pushing sellers to compete for buyers, according to Zillow economists.

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