Home Prices Dipped Slightly in July, but Just How Low Will They Go?

Home prices are rebalancing after two years of record appreciation, but experts say it may take some time for them to fall from current highs. Sale prices of existing homes dropped by $10,000 in July to a median of $413,800, but prices were still up 10.8% year-over-year, according to Realtor.com. Home prices typically peak in…
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