Friday, June 2, 2023 | The Latest Buzz for the Appraisal Industry

June’s Monthly Price Gain Finally Showing Some Deceleration

While annual price increases are still wildly aggressive, monthly gains indicate that the brakes may be on. CoreLogic says nationwide, home prices were up 18.3 percent in June compared to a year earlier, the 125th straight annual gain, however, the monthly change decelerated for the second time. The gain in CoreLogic’s Home Price Index (HPI) from May to June was 0.6 percent compared to the April to May growth of 1.8 percent. The company projects

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