Tag Archives: Prices

Experts agree: rising home prices show no signs of slowing. What does the 2018 housing market have in store?

Home sales have been reaching some highs, but August may show a different trend. Falling inventory and rising prices could bring new hurdles to the market.

Home prices continued their steady climb in February. A new report shows prices up over January as well as last year. But this period of sustained growth only happened once before, and things didn’t go well when the train stopped.

The strong housing recovery may be partly to blame for the large drop in inventory experienced in some markets during the past five years. On average, the more increased the housing values in a particular area above pre-recession levels, the greater the decrease in present housing inventory. The significant drop in starter and trade-up home inventory is pushing affordability further out of reach of some homebuyers.