US housing market now has 500K more sellers than buyers — and it’s leading to a shift in the balance of power

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Source: Yahoo Finance

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Sentiment Score: -0.60

AI Explanation:

The article details a significant shift in the U.S. housing market towards buyers, characterized by an excess of sellers, declining demand, and predicted price dips. Redfin and Zillow are prominently cited as primary sources for this data and analysis. While their roles as data providers are neutral, the reported market conditions (cooling prices, lower sales volume) are fundamentally unfavorable for companies like Redfin and Zillow, whose revenues are heavily dependent on transaction volume and property values in the real estate sector. Therefore, the overall sentiment regarding these companies, in the context of their business prospects within the described market, is negative.

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