How Oversupply Of Homes Is Affecting Bay Area Real Estate Sales

How Oversupply Of Homes Is Affecting Bay Area Real Estate Sales

How Oversupply Of Homes Is Affecting Bay Area... - Alameda, CA - Despite home prices hitting record highs nationwide, three CA cities are seeing falling prices, slower sales, and fewer new listings.

Home Prices Decreased More Than Expected

Home price hikes are slowing more than expected

Home prices are starting to weaken due to higher mortgage rates, more supply on the market and waning demand from homebuyers concerned about the economy.

Home-Price Gains in US Slow as Buyers Squeezed by High Rates

Home-price gains in the US decelerated in April as buyers pulled back.

Looking to buy a home? Prices are falling the most in these 5 US cities. | The New York Ledger

For potential property buyers, there are a couple of factors to be enthusiastic that the real estate market is deviating for the much better. Leading amongst them is home-price development, which is slowing, and in some cities, even trending down. A Redfin report released Monday stated that in Might, home cost development published the slowest boost because 2023, at 0.7%. That’s appealing news in a market that’s seen bad cost as a barrier for lo…

Home Price Growth Slows to Lowest Pace Since 2023

The longstanding hindrance of high prices preventing buyers from entering the home-buying market as a national trend could be giving way to more selective areas of appreciation, with home-price growth leveling off in others.  The S&P CoreLogic Case-Shiller Home Price Index—which measures U.S. home prices on a two-month lag—continued its downward trajectory of annual growth… The post Home Price Growth Slows to Lowest Pace Since 2023 appeared firs…