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New York Post
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2026-11-14T11:00:00.000Z

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Top Markets Cut Prices

Top Markets Cut Prices

More than 1 in 5 U.S. home listings had a price reduction in October, the highest share for that month since 2022, as seasonal trends and elevated mortgage rates slowed the market. Salt Lake City led major metros at 31.8%, followed by Indianapolis at 31.7% and Denver at 30.9%; nationally, the share was 20.5%. Realtor.com reported that pending sales fell 10.5% and contract signings dropped 17% year over year.

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