housing bubble

New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June

New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June

It’s finally happening. After soaring 40% from pre-pandemic levels in the biggest boom in decades, home prices peaked in June and started falling in July. That’s the startling, sudden change revealed in a new data set just released by the American Enterprise Institute’s Housing Center, a leading source for detailed city-by-city figures on everything from …

New housing market data reveals a stunning shift as these 21 of the top 50 metro areas show price declines for June Read More »

Redfin: These housing markets are the most at risk of falling home prices

Redfin: These housing markets are the most at risk of falling home prices

Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level that is simply unattainable for tens of millions of would-be buyers. As more buyers take a rain check, the housing market correction only gets more intense. This week, we …

Redfin: These housing markets are the most at risk of falling home prices Read More »