Home Prices Are Moderating

Home Prices Are Moderating

graph of home prices for the last several years
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graph of home prices for the last several years

Resource:  Keeping Current Matters

During the pandemic, home prices soared due to high demand coupled with low inventory and mortgage rates. But that rapid appreciation couldn’t last forever.

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Now, data confirms prices are still rising, just more moderately.

This healthier pace is actually a good thing. It means home price growth is normalizing.