The home price correction has lost geographical steam

Percentage of major housing markets with positive (or negative) month-over-month home price growth

In March 2023, 23% OF THE NATION'S 200 LARGEST HOUSING MARKETS REGISTERED A MONTH-OVER-MONTH DECLINE IN HOME PRICES. In September 2022, that figure was 79%.
Chart: Lance Lambert SOURCE: Zillow Home Value Index, seasonally adjusted
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