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National household prices rose more than 2.1% since February 2024 by 2025. A deceleration of a 4.6% compared to the last spring. But each apartment market does not increase home prices.
Among the housing markets of the 300 largest metro areas, 42 market in 42 markets sees 42 markets per year. This is when home prices fell from 300 metro areas in the largest subway area of only 31 in 31 years since the last month.
HOME prices, southeast, Midwest and Southeast and Southern California-Some housing markets continue to increase as standard inventory-some housing markets such as Text and Louisiana
This year is clear in large metropes such as a decrease, Austin (-3.8%); Tampa (-3.6%); San Antonio (-2%); New Orleans (-1.7%); Phoenix (-1.6%); Jacksonville, Florida (-1.5%); DALLAS (-1.4%); and orlando (-1.4%).
See the most softest of the homebuyers the lever, the markets are primarily located in the Solar Sunday, especially the Gulf Coast and Mountain West. These areas, home price growth has seen great price increases during the pandemic apartment boom, which exceeds local income levels. As the pandemic managed migration slowed and rose mortgage rates, marks in markets and Austin, trust in local income levels, supporting local income levels.
This softening trend is further increased by a new home supply in the solar pipeline. Builders are ready to frequently reduce prices or offer inventory promotions for sale, which is a cooling effect in the sales market. Some buyers who previously think about existing houses are now preferring new homes with more favorable deals.
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Will this softening last this year? The main indicator to follow will be active inventory levels. Poor markets like Tampa continue to significantly increase active inventory