The US housing market is in the middle of its 6th major downturn since the late 1960s.
Home prices are declining in 75% of major cities, with many areas posting declines for six or seven consecutive months.
In this article, we’ll look at the distribution of home price declines and show where home prices have fallen the most and where home prices have held up the best.
We’ll also compare the depth and duration of this home price downturn to declines of the past to see how it stacks up.
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