US home prices continued to grow in August, but the pace of growth slowed considerably as rising mortgage rates pushed more prospective buyers out of the market
Home prices rose 13% in August from the year before, a smaller jump than the 15.6% growth seen in July and 18.1% pace in June, according to the S&P CoreLogic Case-Shiller US National Home Price Index. The drop between July and August was the largest deceleration in the history of the index, surpassing the previous record a month prior.
“These data show clearly that the growth rate of housing prices peaked in the spring of 2022 and has been declining ever since,” said Craig J. Lazzara, managing director at S&P Dow Jones Indices. All 20 cities tracked by the index reported smaller price increases in August compared to the prior year. Miami notched the biggest gains, with home prices rising 28.6% in August from the year before. It was followed by Tampa, which was up 28%, and Charlotte, with a 21.3% increase.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Salman Rushdie's agent says author lost use of eye and hand from August knife attackSalman Rushdie's agent says the author has lost the use of an eye and hand as a result of a knife attack in New York earlier this year.
Leer más »
Agent says Salman Rushdie has lost use of eye and hand following August attackSalmon Rushdie’s agent says the author has lost sight in one eye and the use of a hand as he recovers from an attack from a man who rushed the stage at an August literary event in western New York, according to a report.
Leer más »
Agent says Salman Rushdie has lost use of eye and hand following August attackSalmon Rushdie’s agent says the author has lost sight in one eye and the use of a hand as he recovers from an attack from a man who rushed the stage at an August literary event in western New York, according to a published report.
Leer más »
GOP opens edge on economy, crime ahead of midterms: POLLBREAKING: Leading into the midterm elections, 36% of Americans say they trust Republicans to do a better job for the economy while 24% trust Democrats, a new ABC News/Ipsos polls finds.
Leer más »
Salman Rushdie reportedly loses sight in one eye and use of hand as he recovers from August attackSalman Rushdie’s agent says the author has lost sight in one eye and the use of a hand as he recovers from an attack from a man who rushed the stage at an August literary event in western New York.
Leer más »