Some Highlights

• If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
• While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023.

If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come.

Comparing housing market metrics from one year to another can be challenging in a normal housing market – and the last few years have been anything but normal. In a way, they were 'unicorn' years.

If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? 

Do negative headlines and talk on social media have you feeling worried about the housing market?

Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.

Want to know what experts say will happen in the rest of 2023?

There have been a lot of shifts in the housing market recently.