One in Five Home Sellers Are Cutting Prices. Why Official Data Isn't Showing the Housing Weakness Yet. — Barrons.com

By Shaina MishkinHigher mortgage rates are already having a chilling effect on home prices.More than one in five home sellers cut their house's asking price in September, according to a new report from Realtor.com. That's the greatest share of price drops in nearly four years and the most in any Se…