The Most Splendid Housing Bubbles in America, October Update: Prices Drop in 29 of 30 Big Metros, even San Diego & Los Angeles. Only New York City Ekes Out New High

The mix that drives the housing market now: Lowest demand since 1995 and surging supply of existing homes, as buyers are on strike because prices are too high. Active listings have been surging all year in just about every major market, including in formerly hot markets such as Florida and in Texas...