Tuesday, March 19, 2024 | The Latest Buzz for the Appraisal Industry

Home Price Gains Slow Again in August

CoreLogic has released the CoreLogic Home Price Index (HPI) and HPI Forecast for August 2022, showing home prices nationwide —including distressed sales— increased year-over-year by 13.5%; the lowest year-over-year appreciation recorded since April 2021, partially reflecting cooling buyer demand due to higher mortgage rates and housing trends prompted by the COVID-19 slowdown. Although U.S. home …

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