As buyer demand slowed in line with seasonal patterns, the portion of listings with price cuts rose to 20%, according to Realtor.com data, about 0.6 percentage points below last year’s levels. The share of listings with price cuts was over 21% in the West and South and almost 19% in the Midwest, but below 14% in the Northeast. Δ Get these articles in your inbox Sign up for our daily newsletter Newsletter Signup - Single Field Email * Sign up If you are human, leave this field blank. “But price cuts are moving closer to last year’s pace, so August will be important,” said Krimmel. “If cuts accelerate while pending sales weaken and sellers pull listings, that would be a more concerning combination.”