U.S. home price growth slows most in metros at center of pandemic housing boom

Nov. 28, 2022 3:38 PM ETKBH, TOL, PHM, DHI, LEN, BZH, TPHBy: Max Gottlich, SA News Editor4 Comments

Figurines of houses and down arrow chart negative trend easel. Big promotions and discounts on home sales. Special purchase offers. Low demand for real estate and housing, economic downturn recession.

Andrii Yalanskyi/iStock via Getty Images

Home prices of U.S. metro areas that surged during the pandemic-era homebuying frenzy are now reversing course and decelerating against a backdrop of high mortgage rates and economic uncertainty.

For instance, the median price per square

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