Price corrections are coming to housing markets across the United States, Black Knight said following July’s home price decline from June.
San Jose, California saw the most significant pullback, with the average home price now down 10% in recent months, followed by:
Seattle, Washington (-7.7%)
San Francisco (-7.4%)
San Diego (-5.6%),
Los Angeles (-4.3%)
Denver, Colorado (-4.2%).
Source: Black Knight, a software, data and analytics company.
