The last time any state had a 12-month decline in home prices was 2016’s second quarter – and it was just Connecticut.
In fact, minus three quarterly pricing dips in the Nutmeg State, the national winning streak would go back 33 quarters – that’s just over eight years.for U.S. housing markets tops the 23-quarter streak that ended in 2006 – just before the bubble burst into the Great Recession.So try to ignore commentary on the national market because local housing looks quite differentHistory tells us price losses by state are more common than you might recall.
Fewest? Kentucky’s 16 followed by Iowa and North Carolina , Nebraska and Indiana and South Carolina .
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