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Home buying affordability lowest since 1984, Black Knight says

Home buying affordability lowest since 1984, Black Knight says
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Andy waldenIntercontinental exchangeMortgage bankers associationJuly mortgage monitorBlack knight

Inflation, home price growth headed downward: Fed report

Inflation is expected to continue “to decline across all horizons” over the next year while home price growth, too, is projected to decline “sharply” to the lowest level since July 2020, per a new survey from the Federal Reserve Bank of New York.

New yorkUnited statesSan diegoSan franciscoFreddie macLos angelesKeith lindBen graboskeFederal reserve bankConsumer expectationsGoldman sach economics researchGoldman sachsMarket committeeFederal reserveBlack knight dataBlack knight

US home prices see biggest monthly drop in 11 years It s weighing on homeowner wealth

After two years of runaway price growth, the U.S. housing market has hit a tipping point.

United statesSan diegoSan franciscoKatie mckellarLos angelesBen graboskeKatie mckellar katiemckellarBlack knightJuly mortgage monitorBlack knight dataWest coastSan joseSalt lake

Housing market: US home prices see biggest monthly drop in 11 years

Home price growth has been decelerating for months now as the U.S. market cools from the pandemic frenzy. But in July, that shifted to an actual decline as the median home price fell 0.77% from June the largest single-month decline in over 11 years, according to Black Knight’s July Mortgage Monitor report.

United statesSan diegoSan franciscoLos angelesBen graboskeKatie mckellar katiemckellarBlack knightJuly mortgage monitorKatie mckellarBlack knight dataWest coastSan jose