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BusinessFast Company · 27d ago

Home prices just fell the most in nearly a decade. Here’s where buyers have the most leverage

Home prices fell 2.5% year-over-year between June 2025 and June 2026, marking the largest decline in nearly a decade, with the national median list price dropping to $430,000. Asking prices declined for eight consecutive months while pending sales rose for seven straight months, indicating sellers are pricing homes competitively from initial listing rather than reducing prices later.

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