Understanding the Rise in Home Prices: A 2023 Overview
Posted by Amanda Kittle on
For many of us, the dream of owning a home or moving to a bigger space has been on our minds. Yet, the fluctuating property prices often leave us oscillating between hope and apprehension. If you've been on the fence about making a move, fearing a sudden drop in prices, recent data is hinting that the scales are tipping in the opposite direction.
A Brief Dive into the Numbers
To get a clear picture, let's break down the data from the past couple of years:
First Half of 2022: Home prices skyrocketed, a trend that was both unexpected and unsustainable.
Second Half of 2022: A natural correction took place, leading to a slight dip in home prices. Media latched onto this decline, leading to heightened concerns amongst potential buyers and…
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