‘Home prices are slowing’: Report says home price growth continues to slow in September as rates continue to stay above 7%

Home prices dropped by 0.5% in September from August, according to CoreLogic.

Home prices dropped by 0.5% in September from August, according to CoreLogic’s Home Price Index and Home Price Index Forecast.Home prices dropped by 0.5% in September from August, according to CoreLogic’s Home Price Index and Home Price Index Forecast.

With mortgage rates above 7% and the number of homes for sale still lower than before the pandemic, buyers are still having a hard time navigating the market and finding something within their budget. “By contrast, markets that continue to see an in-migration of higher-income households are still experiencing home price gains that are notably higher than the national rate of appreciation,” she added.

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