Looking to buy a home? Prices are falling the most in these 5 US cities.
Oakland, California
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- Home-price growth slowed in May, with some metros seeing declines, Redfin says.
- Buyers are gaining the upper hand in the housing market as homes sit on the market for longer.
- These are the top five cities where home prices are declining.
For prospective homebuyers, there are a few reasons to be hopeful that the housing market is taking a turn for the better. Top among them is home-price growth, which is slowing, and in some metros, even trending down.