Hat tip to Rob Dawg for sending in the second forecast that is predicting our home prices will continue to rise:
While home price changes on the local level vary, July gains across all of the top 10 metros surpassed their 2020 levels. However, metro areas where affordability constraints are prevalent continue to persist as prices rise. For instance, in July, home prices in San Diego increased 23.7% year over year and are forecasted to increase an additional 9.1% over the next 12 months.
Full article here:
https://www.corelogic.com/intelligence/u-s-home-price-insights/
