What is Really Happening with Home Prices?

Multiple factors contributed to a downturn in home prices and the economy a little. Whatever side of the housing market you happen to be on the moment, supply in the housing market is actually a measurement in months.

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Quite a bit has changed since the Great Recession.. Home prices shot up a cumulative 50% over the past decade, from June 2009 through May 2019, according to a recent report. But the jury is still out on what will happen.

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Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year. However, a stronger-than-expected economy and a good spring housing market [.]

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 · What is Really Happening with Home Prices? May 16, 2019 by dness. Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year.

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