Home prices finally start to stabilize

First-time homebuyers still face barriers to entry

By Brena Swanson | HousingWire

The National Home Price Index, covering all nine U.S. census divisions, increased 5.3% annually in February, unchanged from the previous month, breaking a 10-month streak where the year-over-year figure increased over the previous month, the latest S&P/Case-Shiller report found.

“While one month does not make a trend, this is a sign that the US housing market may be stabilizing in the wake of strong price appreciation between 2012 and 2014,” said Ralph McLaughlin, chief economist for Trulia.

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April 28, 2016

National Home Price, Trulia, U.S. Census, Us Housing

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