Home price appreciation is finally showing signs of slowing down after accelerating massively over the last two years. A report from CoreLogic this week shows that home prices rose by 20.2% in May, compared with the same month last year. While that’s still pretty rapid growth, CoreLogic said an analysis of the data shows there […]
Economist warns of ‘inevitable’ slowdown in home price appreciation
June 2, 2022 by
A top economist has warned sellers that a slowdown in home price appreciation is all but inevitable as the economy falters. In an interview with CNBC, National Association of Realtors’ chief economist Lawrence Yun said that the housing market is already showing signs of slowing down, with rising mortgage rates adding to already high prices […]
