News: December 28, 2021. The 12-month Home Price Increase Continues to Slow Down

Picture Steemit SteemLeo World Finance.jpg

The 12-month home price gains continues to decrease in the United States. According to the S&P CoreLogic Case-Shiller National Home Price Index, the 12-month increase in October 2021 was 19.08% compared to the one reported in September which was 19.5%. The deceleration is slow but continues.

screen_shot_2021_12_28_at_7.23.40_pm.png

Link for the source of the graph

It is expected for the home price gains to continue to slowly decrease, however, there is still the inflationary pressure which will keep the increase in home prices up for some time.

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.


0
0
0.000
3 comments
avatar

Reducing home prices is good for tenants but a little less profitable for owners. But house prices are constantly rising here.

0
0
0.000
avatar

I think this issue is closely related to your previous posts which stated that inflationary pressures occur if there is a continued increase in energy prices.

0
0
0.000
avatar

House price are getting out of hands here. Reducing house rent price is good in as much it will favour both parties i.e the owner and the renter

0
0
0.000