✉news BusinessReal Estate first seen 2 h ago, last 41 min ago, peak #9
US home prices stay below long-term average for 17th month
Original: US home prices hold below long-term average for 17th month
US home prices have now remained below their long-term average for a 17th consecutive month, according to industry reporting. The figures point to a cooling housing market where price growth is lagging historical norms, a trend being watched closely by buyers, sellers and mortgage lenders as elevated interest rates continue to weigh on affordability across the country.
Why now: Housing affordability and mortgage rates are top concerns for American households and the mortgage industry.
United StatesUS housing market
Rank over time, top of the chart is #1. 2 snapshots from 2 h ago to 41 min ago.
Evidence
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