The housing market cooled significantly in June, report finds
The slowdown in home value appreciation was the largest on record
There’s a bit of good news for people who are hoping to buy a home. The rate at which prices are rising slowed dramatically in June, according to housing data firm Black Knight.
Home prices are already at a record high, and rising mortgage rates have put monthly house payments out of reach for millions of Americans. There were fewer buyers in June as a result, and price gains slowed at the fastest rate on record.
The numbers show that year-over-year home price appreciatio...
