House prices slumped by 10% in San Francisco, Redfin says. Prices are also falling in these U.S. cities.

Even as mortgage rates come off of recent highs, buyer demand remains constrained. And that’s affecting home-list prices, according to a new report.

The report by Redfin
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which tracked home-sale prices for the four weeks ending Jan. 15, found that the median price of a house in the U.S. rose 0.9% from a year ago, to $350,250.

While home prices on a national level hold steady, some parts of the country are seeing…

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