YOY Home Prices Fall For The First Time In A Decade
Home prices have fallen for the first time since 2012 as affordability concerns decimate buyer demand. The median U.S. home sale price dipped by 1.2% to $386,721, the first annual decline in a decade, Redfin reported. “Buyers are struggling because higher interest rates have increased the cost of homeownership, and sellers are struggling because they’re…