Pandemic Housing Boom gains are deflating
Between March 2020 and June 2022, U.S. home prices spiked 41.3%—but the 2.2% drop in home prices between June and September has erased some of those gains (2.9 percentage points)
Between March 2020 and June 2022, U.S. home prices spiked 41.3%—but the 2.2% drop in home prices between June and September has erased some of those gains (2.9 percentage points)