
News Link • Housing
US Home Prices Plunged In April - Biggest Drop Since Dec 2022
• Zero HedgeAnd the consensus was right but way off in magnitude as prices in April tumbled 0.31% MoM (-0.02% exp) - the biggest MoM drop since Dec 2022...
Source: Bloomberg
Prices are still up 3.4% YoY, but that is the slowest acceleration since Aug 2023.
Tampa prices continue to lead the plunge...