Home prices cooled at a record pace in June, according to housing data firm - CNBC


7/31/2022 12:00:00 AM2 years 9 months ago
by Diana Olick

Home price gains are cooling fast, as demand wanes and still-tight supply builds.

Rising mortgage rates and inflation in the wider economy caused housing demand to drop sharply in June, forcing home prices to cool down. Home prices are still higher than they were a year ago, but … [+3021 chars]

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