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Metro Denver ranks fifth in U.S. for housing slowdown

Rather than a new normal, a “new weird” is taking hold, Redfin argues

FILE – A for sale sign is posted in front of a home in Sacramento, Calif., Thursday, March 3, 2022. The Federal reserve is expected at its meeting this week to raise its key interest rate by a substantial three-quarters of a point for the third consecutive time. Another hike that large would lift its benchmark rate — which affects many consumer and business loans — to a range of 3% to 3.25%, the highest level in 14 years.(AP Photo/Rich Pedroncelli, File)
FILE – A for sale sign is posted in front of a home in Sacramento, Calif., Thursday, March 3, 2022. The Federal reserve is expected at its meeting this week to raise its key interest rate by a substantial three-quarters of a point for the third consecutive time. Another hike that large would lift its benchmark rate — which affects many consumer and business loans — to a range of 3% to 3.25%, the highest level in 14 years.(AP Photo/Rich Pedroncelli, File)
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Getting your player ready...
Seattle's housing market is cooling faster than any other major metro in the United States, but Denver isn't too far behind, according to real estate firm Redfin.
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