Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
Price growth in the US housing market slowed to 9.8% in October
Posted on January 3, 2023 |
The annual home price growth slowed to 9.8% in October compared to 11.1% in September, the first non-double-digit gain since September 2020.
In October, the annual price growth in the US housing market plunged to single digits when mortgage rates grew over 7% and suffocated demand.
The S&P CoreLogic Case Shiller national home price index grew by 9.2% in October, down from 10.7% in September, which is the first single-digit growth since November 2020.