Map Shows US Cities With Biggest House Price Declines Last Month

Major metro areas like Austin, Miami, Chicago, Los Angeles, and Denver saw significant year-over-year home price declines in July, with Austin and Denver experiencing notable drops due to increased supply and reduced demand. The South and West are shifting toward buyers, while the Northeast and Midwest see less change. Despite declines, some cities like Chicago and Los Angeles still have higher prices than last year. Nationally, home price growth is slowing amid rising inventory and falling sales.