Interactive Map Reveals Home Price Fluctuations in Your Local Market
How is your local market weathering the 2023 housing correction? This map shows how home prices have changed in every U.S. community over the last year
May 24, 2023
Image: arinahabich / stock.adobe.com
Since the start of the COVID-19 pandemic, the housing market has been marked by extreme volatility, with home prices and mortgage rates creeping to historic highs before cooling in a 2023 correction. Still, even as rates inch lower and breakneck price gains slow, the U.S. housing market remains split between two very different realities.
In some markets, home prices are falling from their peaks as buyers retreat from the for-sale market, but in other homebuying destinations, limited inventory and strong demand are sustaining elevated prices and keeping the market competitive, The Washington Post reports.
