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Author: Chris Janaro
Five Things to Watch in February Case-Shiller Report
Home prices will likely continue to decrease in February because of ongoing high-interest rates and an inflation-encumbered populace. Some economists predict that Tuesday’s release of the S&P CoreLogic Case-Shiller U.S. National Home Price Index will likely show that home prices continued to recede by 0.4% in February for the eighth […]
Home Prices Continued Their Slow Decline in January but Is an Acceleration in Price Drops Due For Spring?
U.S. home prices declined modestly for a seventh-straight month in January, though the Federal Reserve Board’s continued rate increases despite March’s regional banking wobbles may accelerate housing price decreases to come. Prices have fallen incrementally since the end of June last year. However, the decline was still smaller in January, […]
First-time Millennial Homebuyers are Getting Older and Having Fewer Kids; Others Never Plan to Buy.
Once their first child came along, Matt and Liz Russo began to think they should buy a house in the suburbs of Syracuse, N.Y. Their neighborhood had seen an uptick in crime, and they were hoping to land in a better school district. But it was the summer of 2022 […]
U.S. Home Prices Continued to Slow in December
The decline in U.S. home prices that began in June last year continued for the sixth straight month at the end of 2022, with higher mortgage rates weighing down December’s home price gains. Tuesday morning’s S&P Case-Shiller report showed that the National Composite declined -0.8% month-over-month in December and now […]