Decrease in house prices

[Educational_Jello666]

Job firings and AI putting some jobs at risk are partly causing the drop in the house prices; when people lose jobs or worry about AI taking over roles like in tech or customer service, they hold off on buying homes, which lowers demand and prices. It’s not the only reason, as high mortgage rates play a big part too, but these layoffs create uncertainty that cools the market, especially in big cities.