10/01/2026
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If youβre thinking of making a move, one of the biggest questions you have right now is probably: whatβs happening with home prices? Despite what you may be hearing in the news, nationally, home prices arenβt falling. Itβs just that price growth is beginning to normalize. Hereβs the context you need to really understand that trend.
As Selma Hepp, Chief Economist at CoreLogic, explains:
βHigh mortgage rates have slowed additional price surges, with monthly increases returning to regular seasonal averages. In other words, home prices are still growing but are in line with historic seasonal expectations.β
In the coming months, youβre going to see the media talk more about home prices. In their coverage, youβll likely see industry terms like these:
β’ Appreciation: when prices increase.
ο»Ώο»Ώβ’ Deceleration of appreciation: wher prices continue to appreciate, but at a slower or more moderate pace.
ο»Ώο»Ώβ’ Depreciation: when prices decrease.
Bottom Line
While the headlines are generating fear and confusion on whatβs happening with home prices, the truth is simple. Home price appreciation is returning to normal seasonality. If you have questions about whatβs happening with prices in your local area, connect with a real estate professional.
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βͺοΈText or call me: +1(267)304-9209
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