Home price hikes are slowing more than expected
57d ago
Business
CNBC
Home price appreciation is decelerating at a faster pace than previously anticipated, according to recent market analysis. The slowdown is largely attributed to escalating mortgage rates, a surge in housing inventory, and softening buyer demand fueled by economic uncertainty. Higher borrowing costs are deterring potential homebuyers, while increased supply provides more options, further contributing to the cooling market. Experts suggest this trend indicates a shift towards a more balanced real