CoreLogic, Irvine, Calif., said year-over-year home price growth ended its 21-month streak of double-digit momentum in November, posting an 8.6% gain, the lowest rate of appreciation in two years.
Tag: Selma Hepp
CoreLogic: Home Equity Gains Down Sharply From Second Quarter
CoreLogic, Irvine, Calif., reported homeowners posted average annual equity gains of $34,300 in the third quarter—half the year-over-year increase recorded in the second quarter.
CoreLogic: Annual Home Price Growth Slows to Half of Spring Peak
CoreLogic, Irvine, Calif., said year-over-year home price growth remained in double digits in October, at 10.1%, but continued to cool and was the lowest recorded since early 2021.
Cooling Buyer Demand Pushes September Home Prices Down
CoreLogic, Irvine, Calif., said September home prices fell by 0.5 percent from August, while annual growth slowed for the fifth consecutive month.
CoreLogic: Insured, Uninsured Damages for Hurricane Ian at $41-$70 Billion
CoreLogic, Irvine, said final damage estimates for Hurricane Ian could run as high as $70 billion—of which up to $17 billion could be uninsured.
Home Price Appreciation Losing Steam
CoreLogic, Irvine, Calif., said year-over-year home price growth slowed for the fourth consecutive month, with more metro areas likely to see further decreases in the coming months.
Housing Market Roundup Sept. 15, 2022
Here’s a quick summary of recent housing market reports that have come across the MBA NewsLink desk:
CoreLogic: ‘Balance’ Returning as Home Prices Growth Dips Amid Higher Mortgage Rates
CoreLogic, Irvine, Calif., said annual home price appreciation fell for the third straight month in July as higher mortgage rates cooled off a red-hot housing market.
CoreLogic: Annual Home Price Gains Slow for 2nd Straight Month
CoreLogic, Irvine, Calif., said annual home price appreciation slowed in June for the second straight month—relatively speaking.
CoreLogic: Annual Home Price Gains Blast Past 20%
CoreLogic, Irvine, Calif., said year-over-year home price growth dipped slightly from April but still posted a 20.2% increase in May, the 124th consecutive month of gains.