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Home Prices Drop More Steeply Outside Cities

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Home Prices Drop More Steeply Outside Cities

Economy

Home Prices Drop More Steeply Outside Cities

Home Prices Drop More Steeply Outside Cities

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  • <iframe src="https://www.npr.org/player/embed/92178021/92178008" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

In some parts of the country, house prices are dropping faster outside cities rather than inside them. It could be because migration to America's fastest growing areas has slowed in the past year.

Co-host Ari Shapiro talks to William Frey, a senior fellow at the Brookings Institution, about the housing markets that are cooling fastest, and why.