Higher mortgage rates weighed on home price gains in December.
Home prices in December were 5.8% higher than the previous December, according to S&P Case-Shiller. That's down from a 7.6% annual gain in November.A "For Sale" sign in front of a home in Roseville, California, on Tuesday, Dec. 6, 2022.Higher mortgage rates weighed on home price gains at the end of 2022. While prices were still higher than they were a year earlier, the rate of increase slowed quickly, according to data released Tuesday.
For all of 2022, the 5.8% price gain was the 15th best performance in the index's 35-year history, but was well below 2021's record-setting 18.9% gain. Cities still seeing the biggest price gains were Miami, Tampa and Atlanta – up 15.9%, 13.9% and 10.4%, respectively. All 20 cities reported lower prices in the year ending December 2022 versus the year ending November 2022.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
POSITIVE DISTEMPER CASE: BARC temporarily suspended public dog intake due to caseBARC, the City of Houston's Animal Shelter and Adoption Center, has announced they will temporarily suspend public dog intake appointments for the next few weeks after a shelter animal tested positive for distemper.
Lire la suite »
I’m a decorating expert — I know how to make your room look instantly biggerOne woman on Instagram has a home decor hack to make your home look bigger.
Lire la suite »
Driving By Numbers: Canada's fastest-growing auto brands in 2022One of 2022’s 10 hungriest market share earners wasn’t even a brand seven years ago
Lire la suite »
US Electric Car Sales Increased 65% In 2022Tesla continues to dominate the US electric car sales market, which can make it seem as though not much is changing here. However, the biggest story is probably that the US electric car market as
Lire la suite »
Olivia Newton-John Remembered During Memorial Service in AustraliaOlivia Newton-John remembered by husband, daughter and thousands of fans during memorial in Australia.
Lire la suite »
Horror Movie About Killer Gnomes Coming from Stranger Things ProducerA new horror movie about Gnomes is being developed with Stranger Things producer Shawn Levy and the screenwriters behind Ant-Man and the Wasp.
Lire la suite »