US home prices rise modestly amid affordability strains

CoreLogic Chief Economist Dr. Selma Hepp told Inman, “despite much-needed optimism, brought by a sharp decline in mortgage rates in August, the boost was short lived and not enough to renew homebuyers’ interest.” Continue reading

US home prices tally biggest uptick of 2023 amid steep mortgage rates

The S&P CoreLogic Case-Shiller National Home Price Index posted a yearly increase of 4.8 percent during October, their fastest annual rate increase of 2023. Continue reading

Homebuyers seizing the day as mortgage rates continue to slide

Demand for purchase loans picks up for fourth consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides. Continue reading

US home prices near 2022 high as prices rise for fifth-straight month

U.S. home prices rose to within 0.02 percent of an all-time high tallied in June 2022 as cities nationwide posted a fifth month of increases, according to data released Tuesday by CoreLogic and the FHFA. Continue reading

Barbara Corcoran sees price growth of 10-15% once rates drop

Barbara Corcoran told “Good Morning America” viewers on Wednesday that she doesn’t foresee prices dropping any time soon but could see them spiking once mortgage rates come down. Continue reading

US home price growth plunges to lowest level in more than a decade

Annual home price growth fell below 2 percent for the first time since 2012 as high prices and mortgage rates continued to inhibit buyers and sellers, according to data released Tuesday by CoreLogic. Continue reading

Home prices ticked up in April as market faced a mixed bag

One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat. Continue reading

Home price growth slows for 9th consecutive month in January

Annual home price growth dropped to 5.5 percent in the first month of 2023, but fell just 0.2 percent month over month, according to data released Tuesday as part of the CoreLogic Home Price Index. Continue reading

Home prices will soon post year-over-year declines: Report

Home prices grew by 8.6 percent compared to a year before but fell by 0.2 percent month over month. By the second quarter, prices are expected to be lower than they were a year before, CoreLogic says. Continue reading