Home Prices Flattened While Mortgage Rates Peaked, but Are They Related?

Recent reports and research reveal we’re experiencing some anomalies in housing and real estate. So today we talked about these recent hot topics to try and make sense of everything that changing:

  • Mortgage payments increased 17% annually to $2,162 in July 2023
  • Did we reach the peak for mortgage rates this year?
  • US CoreLogic S&P Case-Shiller Index Was Even Year Over Year in June, Signaling a Market Shift
  • Single-family construction slows across the country in Q2