Home prices

Prices also fell roughly 0.3% in November from a month before, according to a seasonally adjusted data of national prices from S&P CoreLogic Case-Shiller.

During a hearing on racial bias in home valuation, the head of the Consumer Financial Protection Bureau questions the Appraisal Foundation's "weird" regulatory structure.

To monitor the health of lenders still operating, industry watchers should observe firms' abilities to meet covenant requirements, renew warehouse lines of credits and their activity in the mortgage servicing rights market, said Brian Brown, chief financial officer at Rocket Companies.

Single-family property values during the year's final three months rose 9.2% year-over-year, but that bump fell below the 13.1% annual rise in the prior quarter.

The most attractive cities this year count more homes selling under their listing price rather than over it.

While supply was up by over 54% compared to a year earlier, new home listings decreased, according to Realtor.com.

Increases in values were more likely to stick across the Central U.S, while pandemic boomtowns experienced the biggest declines in median housing costs, according to Realtor.com.

Prices were up by less than 9% year-over-year, according to CoreLogic's report.

The Redfin study covers property transactions between January 2021 and September 2022.

But that's largely because homes are staying on the market longer — almost three weeks more than in early summer on average.