U.S. Home Prices Drop to $430,000 Amid Eighth Consecutive Monthly Decline
Home prices in the U.S. have fallen for eight consecutive months, reaching an average of $430,000 as of June 2026—a decline of 2.5% year-over-year. While this marks a potential shift toward buyer-friendly conditions, rising mortgage rates and property taxes are offsetting monthly savings from lower prices.
Topics: housing market mortgage rates price decline property taxes