Home Price Growth Is Returning to Normal [INFOGRAPHIC]
![Home Price Growth Is Returning to Normal [INFOGRAPHIC] Simplifying The Market](https://img.chime.me/image/fs/chimeblog/20231021/16/original_f1b1c613-fdf3-4947-ba90-2da8cafda6dc.png)
Some Highlights
- If you're wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.
- Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and then price growth slows down as the year goes on.
- Home prices aren’t falling. They’re just rising slower and going back to normal seasonal trends. That’s a good thing. If you're curious about prices in your area, reach out to a real estate agent for answers.
Categories
Recent Posts
What Everyone’s Getting Wrong About the Rise in New Home Inventory
History Shows the Housing Market Always Recovers
Should You Still Expect a Bidding War?
A Life Well Lived: John Cassavetes And Gena Rowlands In Laurel Canyon, $5M
From Frenzy to Breathing Room: Buyers Finally Have Time Again
Condos Could Be a Win for Today’s Buyers
More Contracts Are Falling Through. Here’s How To Get Ahead.
Worth The Wait: The Last Wexler, $6.6M
Is It Better To Buy Now or Wait for Lower Mortgage Rates? Here’s the Tradeoff
Are These Myths About Buying a Newly Built Home Holding You Back?