The Fall in Home Prices May Already Be Over

📆 9/8/2023 12:43 PM
📰 WSJ

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The surprisingly quick recovery suggests that the residential real-estate downturn is turning out to be shorter and shallower than expected.

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High interest rates have prompted homeowners to stay put, resulting in an unusually low inventory of homes for sale.Home prices aren’t falling anymore.Continue reading your article with

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It now takes longer to sell a home, but prices are still risingThe typical U.S. homebuyer's monthly mortgage payment was $2,605 during July, up 19% from a year earlier.
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