Home prices are cooling nationwide. These 4 cities are leading the declines.

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The share of US homes seeing price declines has hit its highest level since 2022, Redfin said. Three of the four metro areas are in Texas, and the other is in Oregon. It could be a sign that national price growth will soon start softening. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement More than 6% of US homes are seeing price declines, the biggest share since November 2022, according to a new Redfin report. Four major US metros are spearheading this trend, three of which are based in Texas. Home-sale prices declined the most in Austin, sliding by 2.9% on an annual basis. That's followed by San Antonio and Fort Worth, both with a 1.2% drop. Prices in Portland, Oregon slid 0.9%. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in .