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Four Major U.S. Cities Buck Trend, See Home Price Declines in 2024
In November 2024, four major U.S. cities—Austin, Tampa, San Antonio, and Fort Lauderdale—experienced home price declines ranging from -1.6% to -3.7%, contrasting with a national average increase of 5.4%, due to increased housing supply, slower migration, and high levels of unsold homes.
Four Major U.S. Cities Buck Trend, See Home Price Declines in 2024
In November 2024, four major U.S. cities—Austin, Tampa, San Antonio, and Fort Lauderdale—experienced home price declines ranging from -1.6% to -3.7%, contrasting with a national average increase of 5.4%, due to increased housing supply, slower migration, and high levels of unsold homes.
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