10 U.S. real estate markets that are cooling the fastest

After staggering growth during the pandemic, the U.S. housing market is starting to cool — and it’s happening fastest along the West Coast.

The quickest-cooling real estate market is San Jose, California, according to a new Redfin analysis, which ranked U.S. metropolitan markets based on median sales prices, year-over-year inventory changes and other factors between February and May 2022.  

Six of the top 10 markets are in California, including three in the Bay Area, with four other Western cities rounding out the list. 

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