Biggest home price corrections are hitting housing markets that overheated most during the pandemic

Austin, Texas, home prices surged a staggering 72.5% between March 2020 and June 2022. Now, home prices in Austin—currently passing through a correction—are 26% below the market’s 2022 peak. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.