Home prices have begun falling in these 10 cities, according to Realtor.com

The housing boom may be leveling out as higher prices push some buyers out of the market​

While low housing inventory continues to pose a problem for homebuyers, rising mortgage interest rates appear to be dampening demand and leveling out home prices in select regional markets, according to a new report from Realtor.com.


"Many would-be buyers are being priced out of homeownership as higher mortgage rates mean more expensive monthly housing payments," the report reads. "But when there are fewer buyers competing for homes and bidding them up, prices typically go down."

https://www.foxbusiness.com/personal-finance/home-prices-falling-10-real-estate-markets
 

The prices have not fallen in my little community, and they are still selling quickly. We are one of the places in Ontario that saw a 52% hike over 2 years. I feel fortunate that we bought here low 3 years ago.
 


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