But the Real Mortgage Payment Price is still crazy high so I expect prices to be a lot lower a year from now.
Analysts, etc. always seem to post about Month over Month or Year over Year? Why does Year over Year matter? A $40K drop Feb 23 to Feb 22 isn't the story. The $75K drop from the peak until now is.
Phoenix Median House Price in January ($444,000) is Down 5% ($23,000) from Last January ($467,000)
Analysts, etc. always seem to post about Month over Month or Year over Year? Why does Year over Year matter? A $40K drop Feb 23 to Feb 22 isn't the story. The $75K drop from the peak until now is.