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US Home Prices Show Signs of Slowing Growth and Decline

1 min read
Source: CNBC
US Home Prices Show Signs of Slowing Growth and Decline
Photo: CNBC
TL;DR

Home prices in the US are rising more slowly than inflation, leading to real-term erosion of homeowners' equity, with most markets experiencing declines except Chicago and New York, primarily due to high mortgage rates and seasonal factors, though some signs of stabilization are emerging.

Topics:businessreal-estate#home-equity#home-prices#housing-market#inflation#mortgage-rates#real-estate
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  1. Home prices lag inflation, meaning homeowners are losing out on their investment  CNBC
  2. US Home Prices Post Weakest Gain in More Than Two Years  Yahoo Finance
  3. FHFA House Price Index® Up 0.4 Percent in August; Up 2.3 Percent from Last Year  FHFA (.gov)
  4. Home Value Growth Slows Further as Prices Drop in 9 Out of 20 Top Metros  Realtor.com
  5. 'Signs of deceleration' bedevil US home prices  Inman Real Estate News

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