Among the 300 largest housing markets, these 10 metros have shown the most increase and decrease in home prices since 2022 peaks.
National home prices are 1.3% above the 2022 peak, with significant variations across different housing markets.
Austin experienced a price correction due to a larger decline in demand compared to other markets, attributed to inflated home prices from pandemic-related migration.
Supply from new constructions helped compensate for reduced resale listings in Austin, balancing the market amid the price correction.
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