Home Prices Fall for Third Straight Month in September

Dropping for three straight months, median home prices fell 0.52% in September.

According to Seeking Alpha, homes have shed 2.6% of value over the past three months. Mortgage holders saw $1.3T (-7.6%) in recently added equity vanish in Q3, the largest quarterly dollar decline on record, and the largest on a percentage basis since 2009.

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