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Starter homes pile up as luxury listings sell faster, Zillow finds

Reported · Written up by our desk · Residential

Zillow Research reports that housing supply and sales momentum are moving in opposite directions, with starter homes taking longer to clear while luxury homes are selling faster.

According to Zillow Research data, the shift reflects changing competition and pricing dynamics across segments, including differences in how often sellers adjust prices for starter listings compared with luxury inventory.

Zillow Research says the overall takeaway is a split market, where more starter homes are accumulating on the market even as luxury homes continue to move out quickly.

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