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: 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.

Home Prices Finish Year at Highest Rate of Increase in 34 Years

The S&P CoreLogic Case-Shiller Home Price Indexes finished 2021 with the single-highest rate of increase in 34 years of data-keeping. In a separate report, the Federal Housing Finance Agency said 2021 home prices rose by 17.5 percent.