Salt Lake County home prices take slight dip in August

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Salt Lake County home prices take slight dip in August
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SALT LAKE COUNTY, Utah — After half a year of increases, the median price for a single-family home in Salt Lake County saw a little dip in August.

The monthly report also states an 11% decrease was seen in units sold in August. The category includes single-family homes, condominiums, townhomes and twin homes. The Salt Lake Board of Realtors cited escalating interest rates as the reason why buyers are being dissuaded.

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