US home price growth cooled in May for second straight month - Fox Business

7/26/2022 12:00:00 AM2 years 9 months ago
by Megan Henney
by Megan Henney
Home prices in May climbed 19.7% compared with the same month one year ago, evidence that steeper borrowing costs may be starting to cool the housing market.
Home price increases slowed in May for the second consecutive month, the latest sign that rising mortgage rates are starting to slow activity in the housing market. Prices climbed 19.7% nationally… [+526 chars]
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