Home Price Growth May be Starting to Pick Back Up

Did home prices just hit a turning point? Even though all the headlines out there make it sound like prices are crashing here's what the data really says. Yes, prices growth cooled from around 7% in mid 2024 to closer to 3% today. But that's not a crash. It's just a slowdown. And if you look at the right side of this graph, it seems like price growth may have hit its low point and started to turn. Now, two months of data doesn't necessarily make a trend. But a few things back this up. Compared to earlier this year, fewer markets are seeing price declines right now. And, forecasts call for price growth to pick up before the end of the year. Whether you're buying or selling I want you to have breaking info like this as soon as I Have it - especially when it looks like something is changing.