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Price growth is cooling off Nationally 

The latest report from the Cotality Home Price Index shows that the annual growth rate has dropped again, now sitting at 2.0%, down from 2.5% just a month earlier. And it’s not just Cotality. Every major home price index: Freddie Mac, Zillow, Case-Shiller, FHFA, shows the same trend.

The market isn’t crashing, but it’s definitely shifting. Buyers aren’t as aggressive, and sellers are adjusting. We’re still seeing prices increase in many places, but the pace has clearly lost steam.

We’ll keep watching as more data comes out, but for now, the national story is clear: growth is slowing, and the market is finding its balance. Remember that real estate is local so pay attention to your area because your story will be different.

^{-Tristan Ahumada}

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