Could We See Another 4 Percent Price Hike On Home Prices By Next Spring?
Home prices nationwide, including distressed sales, increased annually by 5.3 percent in March 2024
Home prices nationwide, including distressed sales, increased annually by 5.3 percent in March 2024
According to the S&P CoreLogic Case-Schiller Home Price Index, prices hit their fastest annual rate since 2022
San Diego reported the highest year-over-year gain, followed by Los Angeles and Detroit
According to NAR, 34 markets experienced double-digit annual price appreciation
Detroit reported the highest year-over-year gain, followed again by San Diego
Out of eight expert resources, seven anticipate home price appreciation this year
The average 30-year-fixed mortgage rate declined every week in November after hitting a 23-year high of 7.79 percent
The monthly mortgage payment on a typical, existing single-family home was up 19.2 percent from a year ago
California rounded out the top five states with the largest year-over-year price growth
Nationwide, the median home-sale price rose 5 percent year-over-year to $380,000, the biggest increase in 10 months
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