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.
Q3 saw an annual increase of 5.3% in US home prices
Posted on October 20, 2023 |
US single-family home prices saw a 5.3% year-over-year rise in Q3, surpassing Q2's revised 2.9% annual growth rate.
During Q3, there was a 2.0% seasonally adjusted quarterly increase in home prices, a slight deceleration from the 2.1% growth seen in Q2.
When not adjusted for seasonal factors, Q3 observed a 1.7% uptick in home prices, indicating the market's performance for that period.
This data underscores the varying growth rates in the US single-family home market, with strong annual growth, a modest quarterly slowdown, and consistent overall growth in Q3.