News

Home Prices Drop in 33 Major Metros—and Pandemic-Era Boomtowns and Coastal Cities Take the Biggest Hit

Austin, TX, and Miami, both COVID-19 boomtowns, have seen their median home prices plunge due to ballooning inventories and waning demand.

Are Home Prices Dropping? In A Fractured National Market, It Depends On Where You Live

Regionally, price cuts were far more common in the South and West (23%) than in the Northeast (12.7%). Metros with the most listings with price cuts, often linked to slower demand, included: Denver ...