Housing Market Slows Across the Country

Home prices are cooling fast across half the nation’s biggest markets, with Seattle, Denver, and Phoenix seeing year-over-year declines — while Chicago, New York, and Cleveland hold steady or even grow. Real home values have shrunk for ten straight months when adjusted for inflation, and the gap between booming and crashing markets is widening. Rising mortgage rates are keeping buyers cautious, and experts now predict a prolonged slowdown through 2025 and 2026 — even forecasting a slight price drop next year. Sellers should price realistically; buyers may find more leverage. Patience is key in this shifting landscape. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/283f96a5874a047d