The home price correction is sharpest out West

Regional home prices as measured by the seasonally adjusted Zillow Home Value Index (ZHVI)

Zillow Home Value Index (ZHVI) is a measurement of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range. Data through January 2023.
Chart: Lance Lambert SOURCE: Zillow
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