Was August the Turning Point for Home Prices?
There were further indications in August that home price gains are beginning to slow. The appreciation rate of the Federal Housing Finance Agency’s (FHFA’s) House Price Survey (HPI) retreated slightly on both a monthly and an annual basis while the various S&P CoreLogic Case-Shiller home price indices either slowed or remained unchanged on an annual basis.
See my full Mortgage Newsletter here: Was August the Turning Point for Home Prices?