

Home price growth continued to slow in December
Home price growth continued to slow in December
Nationwide, home prices posted an annual gain of 5.8% in December, down from 7.6% in November. And home price growth is likely to slow further.

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Home price growth remained positive year over year in November, but it continued to slow as mortgage rates soared.
Home price growth remained positive year over year in November, but it continued to slow as mortgage rates soared.
Despite rising 13.5% year over year in August, this is the slowest annual home price growth since spring 2021.
The post Home price growth to slow drastically next year appeared first on HousingWire.
Despite rising 13.5% year over year in August, this is the slowest annual home price growth since spring 2021.
The post Home price growth to slow drastically next year appeared first on HousingWire.
This slowdown comes after two years of unprecedented growth in property prices. Much of this growth has been driven by a ‘race for space’ post pandemic, and attractive short-term stamp duty reductions.
But Zoopla points out that despite this lower rate of growth it is still a sellers’ market, with overall demand for housing across the UK significantly higher than the five-year average.
In total Zoopla figures show that annual property prices were up 8....
This slowdown comes after two years of unprecedented growth in property prices. Much of this growth has been driven by a ‘race for space’ post pandemic, and attractive short-term stamp duty reductions.
But Zoopla points out that despite this lower rate of growth it is still a sellers’ market, with overall demand for housing across the UK significantly higher than the five-year average.
In total Zoopla figures show that annual property prices were up 8....
The tight housing supply, the extreme demand by buyers, and the overall irregular conditions we've faced for the last couple of years have made the housing market prime for home sellers. And, these conditions have also made it incredibly difficult for buyers and renters who are looking for housing.
The tight housing supply, the extreme demand by buyers, and the overall irregular conditions we've faced for the last couple of years have made the housing market prime for home sellers. And, these conditions have also made it incredibly difficult for buyers and renters who are looking for housing.
The number of single family homes and condos sold fell 41.7% and 28.8%, respectively, in October compared to the same month in 2021.
The number of single family homes and condos sold fell 41.7% and 28.8%, respectively, in October compared to the same month in 2021.
The Denver market felt the December slow this year with homes closed, new listings and inventory all down. Check out below to see how the […] Read More
The post Denver Housing Market Update December 2021 appeared first on Homie Blog.
The Denver market felt the December slow this year with homes closed, new listings and inventory all down. Check out below to see how the […] Read More
The post Denver Housing Market Update December 2021 appeared first on Homie Blog.
As interest rates continued to climb in September, home buyer demand waned, further slowing the rate of home price growth.
As interest rates continued to climb in September, home buyer demand waned, further slowing the rate of home price growth.
Chris Rupkey of Fwdbonds says mortgage rates in the U.S. so far this year have seen one of biggest jumps since the 1990s.
Chris Rupkey of Fwdbonds says mortgage rates in the U.S. so far this year have seen one of biggest jumps since the 1990s.
It adds that quarterly price inflation has “slowed quickly”, specifically, from over 2% in the first half of this year to 0.3% over the last three months – “an annualised growth rate of just 1.4%”. Zoopla expects this to turn negative by mid-2023.
The report also says that buyer demand is down 50% on the year before while new sales agreed dropped by 28%.
On top of this, the margin between a property’s asking price and the discount being accepted is...
It adds that quarterly price inflation has “slowed quickly”, specifically, from over 2% in the first half of this year to 0.3% over the last three months – “an annualised growth rate of just 1.4%”. Zoopla expects this to turn negative by mid-2023.
The report also says that buyer demand is down 50% on the year before while new sales agreed dropped by 28%.
On top of this, the margin between a property’s asking price and the discount being accepted is...
As mortgage rates rose and housing inventory increased, home price growth decelerated in the third quarter of 2022, according to the Fannie Mae Home Price Index (FNM-HPI) released Monday. The FNM-HPI found that home price growth was at an annualized rate of 13.2% in Q3 2022, down from 19.1% in the previous quarter. The FNM-HPI […]
The post Home price growth decelerated in Q3 appeared first on HousingWire.
As mortgage rates rose and housing inventory increased, home price growth decelerated in the third quarter of 2022, according to the Fannie Mae Home Price Index (FNM-HPI) released Monday. The FNM-HPI found that home price growth was at an annualized rate of 13.2% in Q3 2022, down from 19.1% in the previous quarter. The FNM-HPI […]
The post Home price growth decelerated in Q3 appeared first on HousingWire.