Tag Archives: Real House Prices

According to the First American Real House Price Index, housing affordability dropped to its lowest point in more than three decades, with home prices jumping 2% from June.

The average U.S. home gained $1,800 in value between November and December 2021.

Declining affordability will cause some buyers to pull out of the market, but the current supply and demand war the market is currently experiencing will continue to put upward pressure on prices.

The National Association of Realtors (NAR) Pending Home Sales Index reported contract signings fell 1.2% year-over-year in March, making March the 15th straight month of annual decreases. The ...

Real house prices—which account for “house-buying power” and affordability—dropped 1.3 percent in June, but are still up nearly 10 percent since this time last year. What will the rest of the year look like for the market?

For months, home price appreciation has outpaced wage growth, which has been hurting affordability. It appears that trend may be changing, however.