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In today's video, we are discussing the latest housing market trends in the US as reported by Redfin. Home prices are down on a year-over-year basis in 15 out of the 50 most populous US metros. This is an increase from last week's report, where only 11 cities recorded decreases in home prices. Specifically, prices fell by 7.3% in San Francisco, 5.8% in San Jose, and 3.3% in Los Angeles. The update includes information on housing inventory, price reductions, and more.
