Housing market shift: Where home prices are starting to fall

Housing market shift: Where home prices are starting to fall

by

Asking Lance Lambert more apartment market stories Resistub In the Inbox? Subscribe Resistub Bulletin.

The United States has increased by 3.9% in the calendar year, a family of married home prices, Freddie Mac House Price Index (using re-sales methodology). At the same time, general US consumer prices increased by 2.9%.

Freddie Mac House Price index until 1975, this is between 10 subway areas in 2024, 10 subway areas in the field of 384 metro areas:

  1. Kingston, New York: + 13.5%
  2. Springfield, Ohio: + 11.8%
  3. Glens Falls, New York: + 11.7%
  4. Binghamton, New York: + 11.5%
  5. Cumberland, Marylandd-West Virginia: + 11.4%
  6. Siracuse, New York: + 10.9%
  7. Utica-Rome, New York: + 10.5%
  8. Atlantic City-Hammonton, New Jersey: + 10.5%
  9. Jacksonville, North Carolina: + 10.3%
  10. Vineland-Bridgeton, New Jersey: + 10.3%

Among the housing markets of the same 384 metro areas, these 10 metro saw the largest annual home price in 2024:

  1. Punta Gorda, Florida: -8.6%
  2. Cape Coral-Fort Myers, Florida: -7.6%
  3. North Port-Sarasota-Bradenton, Florida: -4.7%
  4. Homosassa springs, florida: -3.3%
  5. Sebastian-Vero Beach, Florida: -3.2%
  6. Lakeland-Winter Haven, Florida: -2.7%
  7. Austin-Round Rock-Georgetown, Texas: -2.5%
  8. San Antonio-New Braunfels, Texas: -2.3%
  9. Ocala, Florida: -1.9%
  10. Crestview-Fort Walton Beach-Destin, Florida: -1.8%

! function () {use “seriously”; window.Addeventlistenner (“message”, (a) {if (a) {if (0)[“datawrapper-height”]) {have e = document.QueryElectorall (“Iframe”); for (a.data)[“datawrapper-height”]) for (there is r = 0; r[r].ContentWindow === A.Source) {there is i = a.data["datawrapper-height"][t]+"px"; e[r].Style.height = i}}}))}} ();

The map above shows a change of more than the home prices in the subway by December 2023, 2023, 2023.

The following map shows how home prices of the subway region in late 2024 compare the appropriate market in 2022.

For example, the house prices in the Austin Metro region are 2.5% in the year, the market is 15.8% lower than the 2022 summit in the market for the Freddie Mac House price index.

Click here To view an interactive version of the map below.

! function () {use “seriously”; window.Addeventlistenner (“message”, (a) {if (a) {if (0)[“datawrapper-height”]) {have e = document.QueryElectorall (“Iframe”); for (a.data)[“datawrapper-height”]) for (there is r = 0; r[r].ContentWindow === A.Source) {there is i = a.data["datawrapper-height"][t]+"px"; e[r].Style.height = i}}}))}} ();

Some western bases (in the second half of 2022) and southern markets are still below the price of their tops, the Freddie Mac House price index remains above 2020.

National Home Prices, Freddie Mac House is above 48.5% in March 2020, according to the price index. At the same time, in general, US consumer prices increased by 23.1%.

! function () {use “seriously”; window.Addeventlistenner (“message”, (a) {if (a) {if (0)[“datawrapper-height”]) {have e = document.QueryElectorall (“Iframe”); for (a.data)[“datawrapper-height”]) for (there is r = 0; r[r].ContentWindow === A.Source) {there is i = a.data["datawrapper-height"][t]+"px"; e[r].Style.height = i}}}))}} ();

Resistlub’s monthly home price viewer and housing inventory follower (more than 800 metro areas and information in more than 3,000 countries), in detail in detail in detail.

Leave a Comment