The Most Splendid Housing Bubbles in America, October Update: Prices Drop in 29 of 30 Big Metros, even San Diego & Los Angeles. Only New York City Ekes Out New High
19 are below their 2022 peaks: Austin -20%, San Francisco -10%, Phoenix -8%, San Antonio -7%, Denver -7%, Salt Lake City -6%, Sacramento -6%, Portland -5%, Dallas -5%, Seattle -5%, Honolulu -4%… The mix that drives the housing market now: Lowest demand since 1995 and surging supply of existing homes, as buyers are on strike …