Inflation erodes home values for ninth straight month
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Home values have been eroded by inflation for the ninth straight month, with some areas experiencing more significant declines, such as San Diego, which has seen 17 months of erosion. National home price indexes show constrained growth, with year-over-year gains reported, but listing prices have posted their sharpest drop in 9 years. The impact of inflation on home values varies by city, with some cities like Denver leading the nation in home value losses.
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