Pandemic Housing Boom gains are deflating

Between March 2020 and June 2022, U.S. home prices spiked 41.3%—but the 2.35% drop in home prices between June and October has erased some of those gains (3.3 percentage points)

Chart: Lance Lambert SOURCE: CASE-SHILLER U.S. National HOME PRICE INDEX, Seasonally Adjusted
Fortune.com