Despite headline home price increases showing a 5% to 6% year-over-year growth, leading indicators for prices tracked by Altos Research suggest a weaker trend. This discrepancy between headline figures and leading indicators has drawn attention in the mortgage industry.
Key points from the text include:
– Headline home price increases are up 5% to 6% year over year
– Leading indicators for prices tracked by Altos Research are weaker than reported figures
– Discrepancy between headline figures and leading indicators has implications for the housing market and mortgage industry insight
You can read this full article at: https://www.housingwire.com/articles/peak-homebuying-season-is-clouded-by-mixed-signals/(subscription required)
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