Home values in U.S. decline for second month as competition eases

30.09.2022, 13:59 finchannel.com

Home values slipped for the second consecutive month as mortgage costs continue to sideline buyers, according to Zillow®'s latest market report1. Affordability is driving market momentum: Low-cost markets remain competitive while prices drop the fastest in both the most expensive markets and those that witnessed the strongest appreciation during the pandemic.