The Latest on US Housing: Booming Scranton, Falling San Jose, and Uncertain Predictions.

Just 23% of the nation's 200 largest housing markets saw a month-over-month home price decline in March, down from 79% in September 2022. Scranton is booming again, while San Jose is falling. The biggest home price drops were found in markets like Austin, Boise, Las Vegas, Phoenix, and San Jose. Among the nation's 400 largest housing markets tracked by Zillow, 182 are still below their 2022 peak price. However, house prices remain up on a year-over-year basis in most housing markets.