Redfin Home Price Index: Price Growth Stabilizes in March, With Prices Up 0.6% From a Month Earlier

Price growth is leveling off as elevated mortgage rates strain buyer budgets, but prices are still at historic highs because there aren’t enough homes for sale. U.S. home prices climbed 0.6% from a month earlier on a seasonally-adjusted basis in March, matching February’s 0.6% month-over-month gain. On a year-over-year basis, prices rose 7.3%, also little … Continue reading Redfin Home Price Index: Price Growth Stabilizes in March, With Prices Up 0.6% From a Month Earlier