The article describes how prices will rise modestly in ~3/4 of the country, but the median will still show a decrease because of large declines in the metro areas that appreciated rapidly. This does not make sense. The median price in the US is around $220,000, and prices in every metro area that experienced appreciation (and thus is primed for a decline)are significantly higher than the 220k national median. Even if the metro areas decline in price, they will still be more expensive than the national median- so the national median shouldn’t budge. It is the decline in volume at the high end of the market (cities in this case) that shifts the median downward, not a decline of prices in the cities.
