The latest data shows that home prices in the US have been rising steadily, with a more sustainable pace of increase in 2023. This is reassuring for both buyers and sellers. Buyers can benefit from making their purchase before prices climb higher, while sellers may find it advantageous to enter the market now.
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008.
