The latest S&P CoreLogic Case-Shiller Home Price Index shows a 1.5% year-over-year rise in home prices as of June, with many major cities seeing gains—Chicago topped the list, while Seattle experienced a decline.
What's notable is that after adjusting for inflation, home values actually declined despite the nominal price growth.
I keep a close eye on these trends and what they could mean for buyers and sellers here in Andover and throughout the surrounding communities.
With mortgage rates on the rise, we may see future price growth slow. I provide regular updates and market insights to help you navigate these shifts with confidence.
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