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The yearly increase in home prices in November was the lowest in two years.

Published On 05 Jan 2023 06:15 AM


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The freezing winter weather of declining home prices is being caused by rising mortgage rates discouraging potential purchasers. CoreLogic reports that while November's price increase was still 8.6 percent over the same month in 2021, it was the first year-over-year measurement in the single digits in 21 months. Since November of 2020, this is the lowest annual growth rate. The current level of prices is 2.5 percent below the high point re....


Tags : home prices, rising mortgage rates, CoreLogic reports,
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