US Home Prices Show Signs of Slowing Growth and Decline
TL;DR Summary
Home prices in the US are rising more slowly than inflation, leading to real-term erosion of homeowners' equity, with most markets experiencing declines except Chicago and New York, primarily due to high mortgage rates and seasonal factors, though some signs of stabilization are emerging.
- Home prices lag inflation, meaning homeowners are losing out on their investment CNBC
- US Home Prices Post Weakest Gain in More Than Two Years Yahoo Finance
- FHFA House Price Index® Up 0.4 Percent in August; Up 2.3 Percent from Last Year FHFA (.gov)
- Home Value Growth Slows Further as Prices Drop in 9 Out of 20 Top Metros Realtor.com
- 'Signs of deceleration' bedevil US home prices Inman Real Estate News
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