US Home Prices Turn Negative for First Time in Over Two Years
Recent data shows U.S. home prices have declined year-over-year, marking their first negative shift since 2021 and raising concerns about continued market softness.
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Terms & Concepts
Year-over-year (YoY) change: A comparison of a statistic or metric from one time period to the same time period in the previous year, used to measure annual growth or decline.