In contrast, some metro areas experienced notable declines. Cape Coral–Fort Myers, Florida, recorded the most significant drop, with prices falling by 9.1 percent, underscoring the volatility present in certain local markets.
Regional Divisions Show Uneven Growth
At the census division level, six out of nine regions posted positive year-over-year price changes. The East North Central division emerged as the strongest performer, with a 5.0 percent increase. Meanwhile, the Mountain division was the only region to record a decline, slipping by 0.2 percent.
These variations illustrate how economic conditions, migration patterns, and local supply-demand dynamics continue to shape housing outcomes across the country.
A Comprehensive Measure of Housing Trends
