Business Insider, February 12, 2024, Home Prices Are Falling In These 32 Real Estate Markets Affordability After The Toughest Quarter In 38 Years
Property value gains were widespread and significant in the fourth quarter. Single-family home prices climbed across all four regions of the country, led by a 7.3% jump in the Northeast. The NAR also noted that prices rose in 86% of the 221 markets it tracks, up from an 82% rate in the third quarter.
In fact, home values were more likely to rise by double digits — as was the case in 34 cities — than fall outright. Only 32 markets had houses that were cheaper in aggregate than in late 2022.
