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Home Price Growth Continues to Slow, but Experts Are Hopeful
Home prices again appreciated year-over-year, although the rate continues to slow monthly, pointing again toward a normalization of the market through the coming months and in 2025. The S&P CoreLogic Case-Shiller Home Price Index for June 2024 saw a 5.4% annual gain in home prices, down from the 5.9% annual gain last month. The 10-City…
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Homeowners’ Tappable Equity Reaches Jaw-Dropping High of $17.6T in Q2 2024
While the pace of home-price growth has slowed, homeowners with a mortgage saw their tappable equity soar to an all-new record high through the second quarter of 2024, according to the August 2024 ICE Mortgage Monitor Report. Tappable equity, the amount homeowners can access while keeping a 20% equity cushion, reached a new peak of…
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