Home values in the United States grew 4.3% year over year in April, but in Massachusetts, ever the outlier, the increase was more than double that, according to Zillow.
A lack of inventory and high mortgage rates have some buyers sitting on the sidelines, however. Mortgage rates surpassed 7% for the first time this year in April.
Properties with price cuts in the United States shot up to 22.4% of listings in April, a big jump from last year (17.2%).
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