Bubble watch: California home prices lead US declines off record highs

Bubble watch: California home prices lead US declines off record highs

“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead.
Buzz: California cities are leading a brewing cooldown in home prices nationwide.
Source: My trusty spreadsheet analyzed two recent home price reports: Black Knight’s report on median sales prices for July in 50 big U.S. markets, and Case-Shiller’s price indexes for 20 metro areas for the three months…

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