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Business & Economics

Signs of a more buyer-friendly housing market emerge for the spring homebuying season

Associated Press News
Summary
Nutrition label

84% Informative

Listings jumped between 44% and 68% in many large metro areas, including San Diego , Las Vegas , Atlanta and Washington D.C. The median listing price was down last month from a year earlier in most of the nation's biggest 50 metro areas.

Easing mortgage rates and more homes on the market helped drive sales higher in February .

The housing market remains largely out of reach for many Americans , especially first -time buyers.

While home price growth has been slowing, the decline is negligible against the 47% gain in prices over the last five years .

While listings are up, many more are needed to return the market to more of a balance between buyers and sellers.

VR Score

90

Informative language

90

Neutral language

63

Article tone

semi-formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links

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