Trending Shifts in Home Prices: National Growth vs. Decline in Select Markets

Wednesday, 8 May 2024, 20:07
Despite 'highest mortgage rates in two decades,' 93% of U.S. metro areas witness growth in home prices, while select markets experience decline. This analysis dives into the contrasting trends and implications for the real estate market.
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Trending Shifts in Home Prices: National Growth vs. Decline in Select Markets

Trending Home Price Dynamics

Home prices continue to soar across the U.S., with 93% of metro areas witnessing growth.

Contrasting Markets

  • Decline: 15 markets record falling home prices.

The National Association of Realtors sheds light on the impact of these trends amid the current mortgage rate landscape.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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