CoreLogic: Annual US Home Price Growth Dips Below 5% in May as Prices Cool Across More Markets
July 03, 2024
July 03, 2024
IRVINE, California, July 3 (TNSres) -- CoreLogic, a property, mortgage and consumer information provider, issued the following news release on July 2, 2024:
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* U.S. home prices posted a 4.9% year-over-year gain in May, the lowest rate of appreciation recorded since October 2023.
* May's monthly gains, up by 0.6%, slowed to below pre-pandemic levels after four months of hotter home price increases.
* All states saw annual home price gains, . . .
* * *
* U.S. home prices posted a 4.9% year-over-year gain in May, the lowest rate of appreciation recorded since October 2023.
* May's monthly gains, up by 0.6%, slowed to below pre-pandemic levels after four months of hotter home price increases.
* All states saw annual home price gains, . . .