Reported 14 days ago
Recent data reveals that home price growth is decelerating, according to the Case-Shiller Home Price Index. Experts note that this has led to a challenging market for first-time buyers with high qualification incomes and escalating mortgage rates. Despite the current affordability crisis, there is a trend of co-buying among individuals, making home ownership more feasible. As interest rates decline, there may be a resurgence in demand, although fewer homes are selling above their asking prices compared to previous months.
Source: YAHOO