10/09/2026
US home prices hold below long-term average for 17th month
As someone who’s watched New Jersey’s real estate market evolve for over 17 years, I keep a close eye on national trends to help my clients make informed decisions. Right now, home prices across the US have remained below their long-term average for the 17th month in a row. With higher mortgage rates and the lock-in effect keeping both buyers and sellers on the sidelines, price growth has slowed to just 0.2% this month. While prices are still 80% above pre-pandemic levels, the Northeast and Midwest are seeing gains—something to note for anyone considering a move or investment. Meanwhile, Sun Belt and Western markets are experiencing declines. Local knowledge truly matters in a market like this, especially here in New Jersey where every neighborhood tells a different story.
https://www.roomvu.com/agent-news/joe-fischetti/2112462-US-home-prices-hold-below-long-term-average-for-17th-month