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

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

Second month of home price gains could signal end to year of declines

U.S. home prices rose 0.7 percent in March, notching a second-straight month of upticks while suggesting declines that began in 2022 may be winding down, according to data from CoreLogic and the FHFA. Continue reading

Is the summer rush obscuring a deeper housing slowdown?

The seasonal summer boom in the housing market has gone head-to-head with dramatically cooling market conditions. The latest data reflects the market appears to be “losing steam.” Continue reading

Home price growth reached point of sustained slowdown in May

Mortgage rates began to take a toll on price growth as early as this spring. But prices remained more resilient than other market indicators, according to the S&P Corelogic Case-Shiller Index. Continue reading

Home prices soared 20% annually in February. Analysts say we’ve peaked

Home prices in February grew at the third-fastest annual pace in 35 years. Since then, experts have observed early signs of a cooling market. Continue reading