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Home prices are falling in the Sun Belt and Rising in the Rust Belt. Here's why
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Home prices are falling in the Sun Belt and Rising in the Rust Belt. Here's why

1 min read

Las Vegas, Austin, and Miami are now leading a national price downturn, while Midwest metros are thriving.

Those startling stats mark a stunning reversal from the post-pandemic boom. From 2013 to early 2020, home price appreciation (HPA) consistently registered at between 5% and 7%. Then, the Fed supplied the rocket fuel by slashing interest rates, sendin... [4310 chars]

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Source: Fortune

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