While home price gains have been slowing down since Marth 2018, now the indicators show a reheating of the housing market. Low rates coupled with home price gains slowdown are creating great opportunities to buy in!
Signs point to reheating in housing market as home price gains stop slowdown, S&P Case-Shiller July index says
"'Home price gains remained positive in low single digits in most cities, and other fundamentals indicate renewed housing demand,' said Philip Murphy, managing director and global head of index governance at S&P Dow Jones Indices. 'According to the National Association of Realtors, the YOY change in existing home sales was positive in July for the first time in a number of months, and housing supply tightened since peaking in June.'"