Home prices keep on growing, but that growth also keeps on slowing, according to a report this week from CoreLogic based on June numbers.
Nationwide, home prices grew by 18.3% from June 2021, marking the 125th consecutive month of year-over-year increases and second in a row where that rate slowed.
CoreLogic projects prices will keep their foot on the brake for the next 12 months, and forecasts that by June 2023, year-over-year appreciation will drop to 4.3%, close to the average seen from 2010 to 2020.
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