Home Price Growth Is Returning to Normal [INFOGRAPHIC]
Kim Sherman | October 30, 2023 | 2:03 PM CST
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Some Highlights
- If you’re wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.
- Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and then price growth slows down as the year goes on.
- Home prices aren’t falling. They’re just rising slower and going back to normal seasonal trends. That’s a good thing. If you’re curious about prices in our area, let’s connect.