- Are home prices falling right now?
- Home prices are down slightly on a month-over-month basis in some markets, but they're still up nearly 10% year-over-year nationally—well above the normal 3–4% annual appreciation rate. The recent headlines reflect short-term fluctuation rather than a long-term decline.
- Should I wait to sell my home because prices are down month-to-month?
- Not necessarily. While month-over-month declines make headlines, year-over-year home values remain significantly elevated at nearly 10% gains. The best time to sell depends on your personal situation and local market conditions—we recommend connecting with Anne-Britt to assess your home's equity and timing.
- What's the difference between normal home price appreciation and what we're seeing now?
- Normal home appreciation is 3–4% annually, whereas homes are currently up nearly 10% year-over-year nationally. This means today's gains, despite month-to-month pullbacks, are still roughly two to three times the historical average.