Home Prices Plateaued in October as Rising Mortgage Rates Put Pressure on Buyers’ Budgets
Pro Builder
NOVEMBER 18, 2022
Las Vegas, Austin, and Raleigh saw the largest monthly changes with price drops of -2.3%, -2.2%, and -1.1%, respectively. On the flip side, home prices continued to rise in affordable metros like Milwaukee, Hartford, and Kansas City, which saw gains of 0.9%, 0.9%, and 0.8%, respectively.
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