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- According to Black Knight, 14 of the 50 largest US markets have seen home prices fall by 6% or more.
- The San Francisco Bay Area leads the nation with the largest drop in home prices.
- Softening home prices in some of the most expensive cities will benefit buyers.
Fatigued home shoppers across the country have more of a reason to relax — if ever so slightly — as home prices continue to slide from their peak in 2022.