In February, year-over-year changes in home prices gained less than 5% for the first time since May 2020. Median existing-home price for all housing types in February was $363,000, a 0.2% drop from February 2022, ending a 131 consecutive months streak of year-over-year increases (longest on record.)
by Dismal-Jellyfish Source: https://www.newyorkfed.org/research/home-price-index What did the housing data say in February? From the National Association of Realtors: The median existing-home sales price decreased 0.2% from the previous year to $363,000. Existing-home sales jumped 14.5% in February to a seasonally …
