Rapidly rising rates and inflation rates last seen 40 years ago pushed more away from the housing market in August, as S&P CoreLogic Case-Shiller reported continued declines in nationwide price gains.
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Home Price Growth Decelerates in July
According to S&P CoreLogic Case-Shiller home prices experienced a near 16% annual gain in July, a total that slid 2.3% month-over-month, as the Fed continues to take action to remedy the nation’s economy.
Read More »A Housing Market ‘Grappling With a Mounting Affordability Crisis’
CoreLogic S&P Case-Shiller Index reports higher mortgage rates and recessionary concerns are taking a toll on buyer demand, as growth eased slightly in May from the pace of the prior two months.
Read More »Q1 Ends With U.S. Home Prices on the Upswing
Homebuying reached new highs in March, as buyers clamored to lock in rates and close deals prior to a spike in mortgage rates amid inflationary concerns.
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