Meanwhile, Texas and Florida see slower home price appreciation due to inventory gains, CoreLogic reports.
Tagged: Home Prices
Rising home prices and mortgage rates pushed monthly payments up 15% last month, year over year.
The latest CoreLogic S&P Case-Schiller Index shows home prices remain resilient amid higher borrowing costs.
ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.
Redfin Home Price Index shows 0.6% growth month-over-month
Buyers living in the lap of luxury don't stress about mortgage rates, Redfin reports.
Nearly 8% of U.S. homes sold in 2023 exceeded the capital gains tax limit of $500,000.
Amidst mortgage rates climbing, the median U.S. home-sale price increased 5% from a year ago.
The California Association of Realtors reports that the median home price rose 7.7% year-over-year.
Quarterly, home prices rose a seasonally adjusted 1.7% in Q1 2024, essentially the same as the growth in Q4 2023.