The Worst Home Price Declines Are Behind Us
The story this more detailed monthly view tells us is that the last year has been a tale of two halves in the housing market. In the first half of 2022, home prices were climbing, and they peaked in June. Then, in July, home prices started to decline (shown in red in the graphs above). And by roughl
What You Need to Know About Home Price News
The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, whil
The Best Time to Sell Your House...
As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: “Inventory levels are still at historic lows . . . Consequently, multiple offers are returning on a good number of properties."
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