Tuesday, 9 August 2022 | The Latest Buzz for the Appraisal Industry

Rates are Applying the Brakes to Appreciation.

The two-year explosion in home prices appears to be cooling a bit. Black Knight says annual appreciation was down in May for the second straight month. But has the damage already been done? The company, in its May Mortgage Monitor , notes that annual price growth retreated from 20.4 percent in April to 19.3 percent in May. That was the largest negative correction in a single month since 2006. That still left prices up 1.5

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