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.
US Home prices saw the slowest growth of 3.2% since July 2020
Posted on November 21, 2022 |
- The average home sale price fell by 8.4% from its all-time high in June 2022, when the average 30-year fixed mortgage rate was over a point lower than it is now.
- The early-stage demand may be settling as serious homebuyers are now growing used to mortgage rates near 7% and their ability to negotiate with sellers on price and terms improved.