Housing analysts are not overly concerned that February's 4.4% year-over-year home price growth was the lowest since before the pandemic given the country's lack of inventory and strong demand.
That data is according to the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for February 2023.
Selma Hepp, chief economist at CoreLogic, said in prepared remarks, "The divergence in home price changes across the U.S. reflects a tale of two housing markets.
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