The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Large Expensive Metros in November 2025

In some markets, prices of mid-tier single-family homes, condos, and co-ops have sunk substantially from their peaks in 2022, 2023, or 2024. In other markets prices have continued to rise, though at a much slower pace than in 2021 and 2022. Here we track 33 large and expensive markets by Metropolitan Statistical Area or MSA...