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Seattle Leads U.S. Housing Slump as Pending Home Sales Plunge 28.8% and Prices Drop 6.2%

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Photo by Jakub Żerdzicki on Unsplash
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Seattle posted the nation's steepest annual declines in both pending home sales and median sale price in Redfin's latest weekly report, as U.S. contract signings sank to a record low under the weight of 7.4 percent mortgage rates.

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