Home price declines may be over?

[Bullitt]

Something has to give.

Home sales fell in September to the lowest rate in 13 years, showing the corner of the economy most weakened by high interest rates remains in decline.

For all of 2023, sales of previously owned homes are on track to be the lowest since at least 2011, because increased rates are weighing on demand. But high rates are also limiting the inventory of homes on the market, because homeowners with low rates are unwilling to sell and move. The small supply is pushing home prices higher in much of the U.S.

https://www.wsj.com/economy/housing...-how-much-high-rates-squeezed-market-54f64ea1

 

[tsptalk]

Home price declines may be over, S&P Case-Shiller says

Nationally, home prices in March were 0.7% higher than March 2022, S&P CoreLogic Case-Shiller Indices said.
After seasonal adjustment, prices increased nationally 0.4% in March compared with February. The 10-city composite gained 0.6% and 20-city composite rose 0.5%.

https://www.cnbc.com/2023/05/30/home-price-declines-may-be-over-sp-case-shiller-says.html