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Mike Shedlock, author and blogger at MishTalk, reports that national home prices have declined for the first time since July 2025.
This reversal marks a notable shift in the housing market trend.
Shedlock previously highlighted record auto loan delinquencies and elevated credit card stress in an article comparing current consumer credit risk to Great Recession levels. In a separate report, he examined nonstore sales outpacing traditional department store retail. These developments come as national home prices register their first monthly decline since July 2025.