After 7 Years of Gains, U.S. Home Values Fall in April
According to Zillow's April 2019 Real Estate Market Report, U.S. home values fell from March to April, the first month-over-month decline since February 2012. The typical U.S. home is worth $226,800, down 0.1% from last month. The decline - led primarily by large West Coast markets - comes after 85 straight months of gains that brought home values to record highs. U.S. home values have experienced declines only twice over the past few decades: during the recession of the early 1990s and the Great Recession and housing crisis in the late 2000s.