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Are home prices always rising?
short by Kushal Lodha / on Saturday, 18 January, 2025
A common misconception in real estate is that "home prices never fall." While some markets grow steadily, factors like economic conditions, interest rates, and market demand can cause prices to stall or decline. For instance, during the COVID-19 pandemic, some US housing markets saw prices drop by 10-15%. Over time, prices generally rise but fluctuate based on various factors.