Home prices continue to drop throughout the US as median home prices continued its two-month decline, reaching numbers not seen since 2009.Median home prices fell 0.98 percent in August following a 1.05 percent drop in July, according to . These are the largest monthly declines since January 2009.San Jose experienced the sharpest drop at 13 percent ($203,000) from its 2022 peak, followed by San Francisco at 10.8 percent ($137,000) and Seattle at 9.9 percent ($82,500).
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