As Fannie Mae predicted in the second quarter of 2022, home price growth decelerated sharply during the third quarter, which fell in-line with a sharp rise in mortgage rates, further proving that the current rate and home price environment is weighing on affordability.
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Weighing the Economic Impact on Home Prices
Home prices nationwide increased year over year by 19.1% in January 2022 compared to January 2021, according to the new CoreLogic Home Price Insights (HPI) report. On a month-over-month basis, home prices increased by 1.4% in January 2022 compared with ...
Read More »Home Appreciation Remains Steady, But Vegas Lags Behind
Dover, Delaware, must have been doing something right in November 2017—it led the nation that month when it came to growth in home prices. With an estimated population of 37,786 according to 2016 Census numbers, the capital of The First ...
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