By Amina Niasse NEW YORK (Reuters) - U.S. annual home price growth accelerated for a second straight month in July, signaling that softening prices in ...
By Amina Niasse NEW YORK - U.S. annual home price growth accelerated for a second straight month in July, signaling that softening prices in the market may be bottoming out, according to aSaltWire's Atlantic regional weather forecast for September 26, 2023 | SaltWireNEW YORK - U.S. annual home price growth accelerated for a second straight month in July, signaling that softening prices in the market may be bottoming out, according to a report released on Tuesday.
The report also showed prices rose moderately on a month-over-month basis, in line with the trend over the past quarter. Prices rose 0.8% in July, compared with a revised 0.4% month-over-month increase in June. The weekly average rate on a fixed 30-year mortgage has remained above 7% since August, marking the highest rates since 2002.
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