March 2023

U.S. housing cools further, with prices down 3% from the peak

The U.S. housing slump stretched into a seventh month in January. Home prices nationally fell 0.2% from December, according to seasonally adjusted data from S&P CoreLogic Case-Shiller. The index is now down 3% from its record high, reached in June.   Prices have continued to soften as seller discounts become more common in a market where buyer demand has been sagging for months. Toward the...

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