U.S. Home Price Appreciation Contracted Swiftly in September

The latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported this week a 10.6% annual gain in September 2022, down from 12.9% in the previous month.

U.S. Home Price Growth is Slowing Mostly in Pandemic Boomtowns and West Coast Tech Hubs

According to national property broker Redfin, U.S. home-price growth has slowed fastest in pandemic boomtowns and tech cities including San Francisco, San Jose, Austin, Phoenix and Boise -- as high mortgage rates and an uncertain economy deter would-be buyers.

Pending Home Sales in U.S. Post Historic Drop in October

According to national property broker Redfin, pending U.S. home sales fell the most on record in October 2022, while deal cancellations and price cuts hit record highs.

Home Prices Rose in 98 Percent of all U.S. Metros in Q3

An overwhelming majority of U.S. metro markets saw home price gains in the third quarter of 2022 despite mortgage rates that approached 7% and declining sales.

Austin Property News

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