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- In four southern metros home prices fell over 1% in September, per Realtor.com.
- Houston, Memphis, Raleigh, and San Antonio had experienced high home prices as people moved there.
- Those locations have more homes for sale than in other places, so buyers have more power.
Four of the 50 largest metro areas had a drop in home prices last month, compared to September 2022.
The median listing price in Houston, Memphis, Raleigh, and San Antonio fell more than 1% in September compared to a year earlier, according to a new Realtor.com report.