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Home Prices Are Up Despite Higher Mortgage Rates

Por: MarketWatch Business September 25, 2023

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A positive reading in the 20-city index would put a bookend on what turned out to be a relatively shallow home price pullback. Unadjusted prices measured by the Case-Shiller 20-city index dropped a little under 7% from peak to trough following ‘ significant climb in late 2022 and through 2023. While prices dropped from year-ago levels for the first time in February, monthly data show that much of the acute pullback happened in late 2022, with... + full article



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