Housing in August By the Numbers

Home value growth is slowing down in most major metros' housing markets, experts said a buyer's market may be on the horizon in 2020, and the share of listing price cuts increased.

According to a new research listicle compiling August 2018 housing data, the correlation between job growth and home value growth in metros with strict regulation comes out to 10 percent job growth to 25 percent home value appreciation, per Zillow. Additionally 14.2 percent of home prices are being cut this year, as opposed to 11.7 percent in 2016.

Most U.S. metros have seen robust job growth in the years since the recession: The national workforce grew 12.5 percent, from 125 million jobs in January 2010 to more than 140 million in January 2017. Simultaneously, the housing market recovered from its crash, with the U.S. median home value rising 19.6 percent during those seven years, from $163,000 to $195,000.

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