List of 117 Declining Markets Year-Over-Year

117 U.S. Markets Lost Value Year-Over-Year
Last quarter, home prices declined Year-over-Year (YoY) on a ‘real’ (inflation-adjusted) basis in 117 (29%) of the 405 largest metropolitan real estate markets nationwide.
In the previous quarter, 88 markets had annual home price declines.
Contrary to all the dire warnings (a/k/a ‘clickbait’) we’ve all been seeing from so-called experts over the past several YEARS,
List of 88 Declining Markets Year-Over-Year

88 U.S. Markets Lost Value Year-Over-Year
Last quarter, home prices declined Year-over-Year (YoY) on a ‘real’ (inflation-adjusted) basis in 88(22%) of the 405 largest metropolitan real estate markets nationwide.
In the previous quarter, 34 markets had annual home price declines.
Home prices in most markets continued to appreciate on a year-over-year basis,
List of 34 Declining Markets Year-Over-Year

34 U.S. Markets Lost Value Year-Over-Year
In the fourth quarter of 2022, home prices declined Year-over-Year (YoY) on a ‘real’ (inflation-adjusted) basis in 34 of the 405 largest real estate markets nationwide.
In the previous quarter, 10 markets had annual home price declines.
Home prices in most markets continued to appreciate on a year-over-year basis,
List of 10 Declining Markets Year-Over-Year

10 U.S. Markets Lost Value Year-Over-Year
In the third quarter of 2022, home prices declined Year-over-Year (YoY) on a ‘real’ (inflation-adjusted) basis in 10 of the 405 largest real estate markets nationwide.
In the previous quarter, 3 markets had annual home price declines.
Home prices in most markets continued their strong year-over-year price appreciation.
List of 3 Declining Markets Year-Over-Year

3 U.S. Markets Lost Value Year-Over-Year
On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in 3 of the 405 largest real estate markets nationwide.
In the previous quarter, 10 markets had annual home price declines.
Home prices in most markets continued their super-strong year-over-year price appreciation.
HOWEVER…
List of 10 Declining Markets Year-Over-Year

10 U.S. Markets Lost Value Year-Over-Year
On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in 10 of the 405 largest real estate markets nationwide.
In the previous quarter, 5 markets had annual home price declines.
Home prices in most markets continued their super-strong year-over-year price appreciation. Only 10 major metro markets couldn’t even keep up inflation.
List of 5 Declining Markets Year-Over-Year

5 U.S. Markets Lost Value Year-Over-Year
On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in 5 of the 405 largest real estate markets nationwide.
In the previous quarter, 4 markets had annual home price declines.
Home prices in most markets continued their super-strong year-over-year price appreciation. Only 5 major metro markets couldn’t even keep up inflation.
List of 4 Declining Markets Year-Over-Year

4 U.S. Markets Lost Value Year-Over-Year
On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in 4 of the 405 largest real estate markets nationwide.
In the previous quarter, 23 markets had annual home price declines.
It was another BIZARRE quarter for home price appreciation!
This is the most volatile (and exciting) time for real estate markets I’ve ever seen.
List of 23 Declining Markets Year-Over-Year

23 U.S. Markets Lost Value Year-Over-Year
On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in 23 of the 405 largest real estate markets nationwide.
In the previous quarter, 13 markets had annual home price declines.
It was a BIZARRE quarter for home price appreciation!
This is the most volatile (and exciting) time for real estate markets I’ve ever seen.
List of 13 Declining Markets Year-Over-Year

13 U.S. Markets Lost Value Year-Over-Year
On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in ONLY 13 of the 405 largest real estate markets nationwide.
Three of the declining markets are in Texas and three are in California.
(We’ve been warning you about many of the California markets for several years now even though other nearby states and regions had been looking strong.)
In the previous quarter,
List of 8 Declining Markets Year-Over-Year

8 U.S. Markets Lost Value Year-Over-Year
On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in ONLY 8 of the 405 largest real estate markets nationwide.
Both this and prior the quarter have been very strong.
It’s noteworthy that three of the eight declining markets are in California.
(We’ve been warning you about many of the California markets for several years now even though other nearby states and regions had been looking strong.)
In the previous quarter,
List of 11 Declining Markets Year-Over-Year

11 U.S. Markets Lost Value Year-Over-Year
On a ‘real’ (inflation-adjusted) basis, home prices declined Year-over-Year (YoY) in ONLY 11 of the 405 largest real estate markets nationwide.
That’s the second strongest overall U.S. real estate market performance since just before the last real estate crash!
Four of the declining markets are in California.