【Zillow】Housing Market Settling into New Normal

• Monthly home value appreciation slowed to 1.3% in October; above the pre-pandemic record of 1.1%, but well below the high of 2% set in July.
• The typical U.S. home value grew by 19.2% from October 2020.
• Inventory was down in October, in line with seasonal norms, and remains far below pre-pandemic levels.

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