Home prices are falling fastest in these 10 US cities, data shows
We’re kind of seeing what we saw in 2001, when the dot-com bubble burst.The median home list price in Austin, Texas was $558,275 in September, down 10.3% compared to its level in June. On an annual basis, prices are still 2.2% higher than they were one year ago – an indication of just how hot the housing market became during the pandemic-era boom in buying activity., ranked second among the markets with the steepest three-month declines in listing prices.
Still, home values are falling fast. As The Post reported last week, mortgage analytics firm Black Knight recently found that prices are plummeting at their sharpest rate since the Great Recession over the last two months.
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