‘Discouraging’: Frustrated sellers are cutting house prices by tens of thousands of dollars as buyers grow more selective - MarketWatch

1. Home sales are slowing, affecting sellers' expectations and prices. 2. Pending home sales increased 6.1% in March due to lower mortgage rates. 3. Consumer sentiment for home buying remains low amid economic uncertainty. 4. High inventory levels lead to more competition among sellers. 5. RDFN indicates a higher median asking price than sold homes in March.