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Softening home price growth
The pace of home value growth finally normalized since the historical highs of 2020 and 2021.
Overall, U.S. home prices rose 1.1% year-over-year in October (while dipping 0.2% month-over-month), according to C...
Why this matters: Real estate professionals are observing a trend in the steadily increasing inventory of for-sale property, a new experience for those not part of the market in the Great Recession period of 2008. This cyclical inventory event...