Tuesday, 16 August 2022 | The Latest Buzz for the Appraisal Industry

CoreLogic: Home Price Appreciation Slowed For a Second Month in June

U.S. home prices increased in June – however the rate of appreciation slowed significantly.

Home prices (including distressed sales) increased 0.6% compared with May and were up 18.3% compared with June 2021, according to CoreLogic’s home price index.

It was the second consecutive month that home price appreciation slowed, CoreLogic’s data show.

Still, eight states continued to see annual gains exceeding 20%.

CoreLogic projects that year-over-year appreciation will drop to 4.3% by June 2023,

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