✉news BusinessReal Estate first seen 6 h ago, last 4 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 housing market tracking. The stretch points to a market still weighed down by elevated mortgage rates and affordability pressures, leaving prices subdued even as conditions slowly normalize. Analysts say the prolonged underperformance is unusual for a housing cycle.
Why now: Persistent weak home price growth matters to buyers, homeowners and mortgage markets watching for signs of a housing recovery.
United StatesUS housing market
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Evidence
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