Home prices are weakening in Memphis’ urban core, pointing to fresh softness in the city’s central housing market. The move comes as 30-year mortgage rates hove

BWB News TV • 2026-08-15 17:16 UTC • By Billy Odell Tucker-Robinson

Home prices are weakening in Memphis’ urban core, pointing to fresh softness in the city’s central housing market. The move comes as 30-year mortgage rates hover near 6.75%, keeping borrowing costs elevated and pressure on demand.

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