What’s Happening with Home Prices?

#jennadavishomes #theclosers @realtorjennadavis

Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions.

How much have home values appreciated over the last 12 months?

According to the latest Home Price Index from CoreLogic, home values have increased by 18.1% compared to this time last year. Additionally, prices have gone up at an accelerated pace for each of the last eight months. The last year has shown tremendous home price appreciation, which is resulting in a major gain in wealth for homeowners through rising equity.

What’s happening with home prices right now?

Indices also show that while appreciation is in the high double digits right now, that price acceleration is beginning to level off. Year-over-year appreciation is still close to 20%….

What’s Happening with Home Prices? | Real Estate with Jenna Davis (simplifyingthemarket.com)