An acceleration in home prices across America has turned into a deceleration as interest rates, inflation, and affordability put the bite on buyers and sellers alike. Such movement is uneven, of course.
Black Knight (NYSE:BKI) has some of the latest data, and the big mortgage technology and data provider says national median home prices fell 0.77% from June to July, the first monthly decline in almost three years.
The Federal Reserve pegs the national median home sale price in July at $440,300. But all real estate is local, of course, and prices still ticked upward from June to July in six of our 50 largest metros. Following is a look at each, followed by the six where home price growth went furthest in reverse.
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