New Data: U.S. Home Prices Are Hitting Their Floor
Did home prices just hit their floor? New demand data is showing something no one expected—buyers coming back. If the supply-demand balance hits equilibrium, we could see the national housing market begin to settle at prices like these. One thing that could change all that? Mortgage rates—and with a potential peace deal on the table between the U.S. and Iran, we could finally get some relief.
A lot of housing market news hit over the past week, and we’re getting into all of it. If you’ve been waiting for the market to thaw, this could be a sign it’s starting. Demand for home purchases is…
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