Housing Market Hits Brakes as US Prices Fall Most Since 2009

Econ & Housing

(Bloomberg) — The US housing market’s sudden reversal is sapping demand and pushing prices down the most since 2009. Most Read from Bloomberg A measure of prices in 20 large US cities in August fell 1.3% on a month-over-month basis, the most since March 2009, according to the S&P CoreLogic Case-Shiller index. That’s the second-straight…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Products You May Like

Articles You May Like

Improving Affordability Fueled by Moderate Decline in Home Prices
Lumber Futures – December 1, 2023
HCMLY: 3 Industrial Stocks to Watch This Week for Future Investment Opportunities | StockNews.com
Interest Rate Market Update
Home Values Falling in Major U.S. Cities Amid Market Cooldowns