Home Prices May Decelerate

As reported by The Weekly Real Estate News (WRE News), home prices were up in November 2023 according to the latest S&P CoreLogic Case-Shiller Index data report, although there was growing evidence of a price deceleration in several markets.

“U.S. home prices edged downward from their all-time high in November,” said Brian D. Luke, head of commodities, real and digital assets at S&P DJI. “The streak of nine monthly gains ended in November, setting the index back to levels last seen over the summer months. Seattle and San Francisco reported the largest monthly declines, falling 1.4% and 1.3%, respectively.”

If you are thinking of Listing your home, this may be a good time to Sell. Contact me to discuss possible options.