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1 month ago

Housing market cools as price growth hits slowest pace since Great Recession recovery

The housing market has cooled off this winter with the annual pace of home price growth easing to levels unseen since the nation was recovering from the Great Recession. And while some areas continue to see strong price growth, others have seen notable declines.New data from Cotality, a data analytics and tech company in the real estate, mortgage and insurance industries, showed that annual housing price growth slowed to just 0.9% in December, which was one of the softest rates since the post-Great Recession recovery."We are seeing a significant departure from the rapid surges of recent years;...

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1 month ago
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