68 major housing markets where home prices are falling

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Based on our analysis of the Zillow Home Value Index, nationally aggregated U.S. home prices are up 1.1% year over year between June 2025 and June 2026. That year-over-year pace is up a tad from this time last year—back in June 2025, when the national year-over-year home price growth rate was 0.2%. And it’s up slightly from the recent year-over-year low of -0.01% in August 2025. 11 of the nation’s 300 largest housing markets (i.e., 4% of markets) had a falling year-over-year r...