Home Prices Drop a Record 7% in June 2022 | Stock Market’s Impact on the Housing Market | New Homes

Welcome to our weekly video update. Happy Summer, everyone! The media reports a record 7% drop in home prices in June 2022. The property at 729 Berkshire Place, Milpitas, was reduced from $2.7M to $2.5M to $2.35M and eventually sold for $2.25M, which is a 15% drop. Let's look into these stats in detail. July stock market trends should help the housing market. Offers are due for the 1372 Acadia Avenue, Milpitas listing, priced at $1,298,888.