“Higher mortgage rates weighed on home price gains at the end of 2022. Home prices in December were 5.8% higher than the previous December. That is down from a 7.6% annual gain in November. Prices are now 4.4% below their June peak. For all of 2022, the 5.8% price gain was the 15th best performance in the index's 35-year history, but was well below 2021's record-setting 18.9% gain.”

https://www.msn.com/en-us/money/realestate/home-price-gains-weakened-sharply-to-end-2022-according-to-s-p-case-shiller/ar-AA181JpX

#RealEstate #HomePrices #CaseShiller

Home Prices Slid in September for Third Straight Month
The Wall Street Journal - November 29, 2022 | By Nicole Friedman

“The S&P CoreLogic Case-Shiller National Home Price Index fell 1% in September from August, the third straight month-over-month decline. On a year-over-year basis, the index rose 10.6% in September, down from a 12.9% annual rate the prior month.”

https://www.wsj.com/articles/home-prices-slid-in-september-for-third-straight-month-11669730446

#RealEstate #CaseShiller