: ‘We’re seeing buyers backing out’: Sellers slash home prices in response to weakening housing market Posted on October 21, 2022 By Charlielikes The chart, from Redfin, shows how higher mortgage rates and a pullback in buyer demand, has forced sellers to cut prices to entice bids. Stock Market Tags:‘we’re, ‘to, backing, billy wilkins, buyers, home, housing, in, market, out, prices, response, seeing, sellers, slash, stock, stock market, weakening