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According to data from Zillow, U.S. home prices fell by 0.03% month over month between July and August 2024 -- a modest decline, but significant given that prices usually increase during this time ...
Median home price: $299,130 (Fort Worth) YoY change: -0.7% Nowhere has seen new housing supply added as fast as the combined Dallas and Fort Worth metropolitan area.
The 88240 neighborhood in Hobbs, New Mexico, is projected to see the highest percent decline in average home prices at -7.4%, or a $12,054 decline on the average $162,908 home price.
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 ...
This scenario may already be playing out: The median home sale price in Austin was down 6.2 percent year-over-year, according to June 2024 Redfin data, and homes there were taking a long 50 days ...
Prices hit a new all-time high in June 2024, with the median sale price for an existing home reaching $426,900, according to the National Association of Realtors (NAR). July’s median price was ...
Nationally, many economists call for home prices to rise between 2% and 4% next year, around historical averages. But the strength of the housing market is likely to vary heavily by location.
Redfin expects home prices to fall 1% in the second and third quarters of next year and be flat in the first and last quarters, per its 2024 housing market forecast.