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FortuneNewsRealtor.comStatistics

Fortune: The housing boom might be at its peak14891

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Fortune (13 May 2021) The housing boom might be at its peak

New data from Realtor.com shows that price growth in the housing market, which has been soaring for almost 10 months, is starting to slow, hitting its lowest level in seven weeks. Year-over-year increases in home prices were actually down last week, marking a slowdown in a 39-week–long trend.


Source: Fortune
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I was just discussing this with a client today. I have already observed the rampant price increases come to a screeching slow down, if not a halt. Hopefully the landing is softer than 2007/2008!
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