Mixed Signals: Fluctuating Home Prices Across US Cities
TL;DR Summary
According to the latest S&P CoreLogic Case-Shiller Indices report, home prices in some major metro areas decreased slightly in November, ending a streak of monthly gains, but rose annually. Detroit, MI saw the highest year-over-year gain in home prices, while San Diego, CA followed with an 8% increase. Despite some cities experiencing slight declines in home prices, overall prices are likely to continue rising as the market picks up, with demand for homes expected to increase in 2024.
Topics:business#home-prices#housing-market#mortgage-rates#real-estate#sandp-corelogic-case-shiller-indices
- Home prices in some cities trended down in November: Case-Shiller Fox Business
- San Diego home prices rising nearly fastest in nation The San Diego Union-Tribune
- US housing market ends a 9-month streak of price gains Business Insider
- Home price growth persisted at end of 2023 despite decade-high mortgage rates Yahoo Finance
- Home-Price Growth Accelerated in November - WSJ The Wall Street Journal
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