Home price decline from peak in the nation's 40 largest housing markets, by price tier

A decline of "0%" means it's back to—or just set a new—peak

"Lower price tier" reflects the typical value for homes in the 5th to 35th percentile range. "Upper price tier" reflects the typical value for homes in the 65th to 95th percentile range.
Chart: Lance Lambert SOURCE: Zillow Home Value Index, data through July 2023
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