Yeah, that headline is soup.
But it has an exclamation point so it’s dire.
After screaming about how housing prices are way too high, now you’re supposed to panic that they are coming down.
Housing prices have gone through this same cycle about every 7-10 years for decades. Housing prices are heavily tied to affordability of finance. Interest rates down, price up, rates up, price down. The Broker-owner where I first hung my real estate license in 1984 had a chart on his wall showing exactly that.
It’s normal, but normal doesn’t get clicks.