The NAR reports that home-price growth continued to moderate in many metropolitan areas in the second quarter. The national year-over-year price appreciation is now at its slowest pace since 2012.
Home prices are rising at a slower pace than they were a year ago, but some popular Sun Belt cities are still seeing double-digit home appreciation even in a market correction
Existing-home sales figures for March were 5.2 percent above the previous year’s totals, the ninth consecutive month in which this has occurred, according to the National Association of Realtors.