Posted by Alicia Soekawa on Friday, January 20, 2023 at 11:30 AMBy Alicia Soekawa / January 20, 2023Comment
What’s Really Happening with Home Prices? [INFOGRAPHIC]
If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.