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The asking prices on U.S. homes have increased to an all-time high in September, proving that homeowners are feeling optimistic despite signs of a cooling housing market.
The asking prices of newly listed homes were up 12% compared to a year ago, reaching a median value of $361,250, according to a new report from Redfin.
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Throughout the entire month, asking prices have risen, underscoring a "typical late-summer seasonal uptick."
Overall, however, the housing market is continuing to show a "typical seasonal cooling."