Wednesday, March 15, 2023

4 Places Seeing Their Worst Home Price Declines in Over a Decade

New homes in Austin, Texas
Tricia Daniel / Shutterstock.com

home values finally fell year over year in February nationwide, marking the first decline in more than a decade, according to a new analysis by real estate brokerage firm Redfin. In the four-week period ending Feb. 26, U.S. home prices were down 0.6% year over year, to a median of $350,246. Mortgage rates once again jumped in February and recently hit their highest levels since November.



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