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Colorado's housing market is cooling off, especially in Denver, where home prices dropped 1.8% year over year in August 2024. After a post-pandemic boom drove prices up fast, the market is now ...
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Homeowners are trimming prices to revive buyer interest, which has dropped off amid record price highs and elevated mortgage rates. The median home price fell 1.3% year-over-year, hitting $429,990.
That led existing home sales to fall 0.7% last year to 4.06 million — the weakest showing for home sales since 1995 and edging out the terrible year for sales in 2023, the National Association ...
Approximately 14 of the 50 largest markets are already showing signs of a sharp cooldown, the report found, with home prices falling by an average 6% or more from their 2022 peaks on a seasonally ...
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Here's where home prices are falling and what it means for you. Where home prices are falling Housing affordability fell to a 40-year low in 2023, but the situation is turning around in some parts ...
June 2, 2024 at 5:44 PM. Getty Images. More homes on languishing on the market without any buyers, setting up prices to start falling as soon as this summer, according to Brian Nick, senior ...