Even if that doesn't sound like anything, remember that we've been seeing a 10 to 20% increase in the average price (compared to the same month last year) for a few years. Austin experienced this trend: more than 28,000 remote workers moved to the city during the pandemic alone, according to a report from The New York Times.
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Harriet Taylor3 minutes 35, seconds readA new report from Zillow tells a similar story. Zillow says demand for housing is cooling, meaning prices are falling, but said one of the main reasons for the drop in demand is historically high mortgage rates.
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