If you’ve been hearing headlines about home prices falling, the latest data tells a different story.
In just three months, the share of housing markets where home prices are rising increased from 71% in Q1 to 80% in Q2. That’s a meaningful shift and a sign that home values are holding steady or increasing across much of the country.
That doesn’t mean prices are rising everywhere. Every local market is different. But the numbers do show that there’s no widespread housing crash happening. Instead, more markets are seeing prices move in a positive direction.
For buyers and sellers, this is a good reminder not to make decisions based on national headlines alone. What’s happening in your local market matters most.
Thinking about buying or selling? Let’s look at the latest trends in your area and figure out what makes the most sense for you.