Are House Values Finally Coming Back Down?

home prices ↓ 0.1% in June, third monthly drop
30 of top 50 metros saw declines; DC led with ↓ 1.8%
Year-over-year growth slowed to 3.4%, lowest since June 2023
High mortgage rates, job cuts, and ↑ inventory deter buyers
Home prices expected to dip another ~1% by year-end.

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