Even as home purchase prices climb, advisors may want to note markets in which prices are rising less quickly — valuable information for clients who are seeking their next abode or property for investment purposes.
Year-over-year, home purchase prices have risen 7.6% nationwide but the rate of growth is slowing. While no markets experienced a decrease in home purchase price, these following areas had the slowest home price growth in September 2018. The data, from Zillow, is based on data for home value, rents and housing inventory, with comparisons based on year-ago figures.