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Home sellers nationwide decreased for the first time in two years, Redfin reported Wednesday.

July's 1.43 million homebuyers marked a record low, not counting the onset of COVID-19.

High prices and mortgage rates continue to deter buyers; sellers are fearing prolonged market stays.

SALT LAKE CITY — The number of home sellers is down for the first time in two years.

In the last two months, an estimated 14,000 fewer people across the count r y were putting their homes up for sale, according to a new analysis posted Wednesday by Redfin, a Seattle-based online brokerage.

The data, based on active listings, shows:

Total sellers fell to 1.95 million in July, from May's peak.

It's the first drop since July 2023, when the nation's housing s

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