May's Top Real Estate News: Home Prices Drop and Property Tax Proposals Emerge

In May 2026, U.S. home prices continued to decline for the sixth consecutive month with a year-over-year drop of 1.4%. Florida Governor Ron DeSantis proposed increasing homestead exemptions from $50,000 to $250,000 as part of an upcoming constitutional amendment.

By Top Ten Real Estate Deals · PR Newswire · June 2, 2026, 15:04 UTC

Topics: home_prices mortgage_rates property_tax_reform

Read the full article at PR Newswire

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