As the housing market remains sluggish. median home prices decreased by 0.6% year over year in December nationwide. However, five metro areas saw a much more significant decline, fueled primarily by a decrease in demand.
- Austin, TX – down 7.3%
- San Diego, CA – down 6.7%
- San Jose, CA – down 5.5%
- Minneapolis, MN – down 4.9%
- Washington, DC – down 4.8%