Why it matters
The opposing trends affect home sellers and renters across the United States, but the available report summary does not show how large the changes are or how broadly they are occurring.
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The median U.S. home sale price fell for the first time in more than three years, while rents rose for the first time in that period, CNBC reports, citing a new Redfin report. The article provides no size of either change.
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The opposing trends affect home sellers and renters across the United States, but the available report summary does not show how large the changes are or how broadly they are occurring.