According to the S&P CoreLogic Case-Shiller index, home prices rose 1.3% month-over-month in April, the . From SPDJI’s Craig Lazzara: “If I were trying to make a case that the decline in home prices that began in June 2022 had definitively ended in January 2023, April’s data would bolster my argument. Whether we see further support for that view in coming months will depend on the how well the market navigates the challenges posed by current mortgage rates and the continuing possibility of economic weakness.“

3:34 PM
Jun 27, 2023