CoreLogic: Annual Home Price Growth Hits Lowest Rate In 11 Years
Annual appreciation projected to regain steam later this year.
Annual appreciation projected to regain steam later this year.
Home prices hit record high in May; inventory, affordability plague buyers.
Median price is down just 0.9% YOY, the smallest decline in nearly four months.
ATTOM: Americans needed to use a third of their wages to cover homeownership costs.
New study suggests PPP loan fraud facilitated by fintechs played a role.
Home price indexes differ, though, on year-over-year results
Historical data shows that a relationship between prices and mortgage rates is not straightforward.
Monthly home value growth of 1.4% is the highest since June 2022.
CoreLogic says prices rose by 2%