Might this be a very good omen for homebuyers ready for housing costs to drop? Or is the most recent market development a mere blip? Greater than half of American properties have declined in worth over the previous 12 months, marking the best share in over a decade, in line with new analysis from Zillow. As of October, 53% of U.S. properties have misplaced worth in comparison with a 12 months in the past, up sharply from simply 14% final 12 months.
