Economic Indicators

House prices in the US fell by almost 2%

2022.11.29 09:34

[ad_1]



House prices in the US fell by almost 2%

Budrigannews.com – According to new data released on Tuesday, the housing market in the United States was well on its way down by the end of the summer, as selling prices fell for a third consecutive month in September.

According to S&P, the company’s prices from 20 major metropolitan markets decreased by 1.5% in September, following decreases of 1.6% in August and 0.8 percent in July. The implosion of the subprime credit bubble led to the biggest monthly price drop since the Great Financial Crisis in 2008.

The Federal Reserve’s series of interest rate hikes has drastically reduced the amount of debt that most families are able to take on to finance a home purchase.

As a result, the rise in prices slowed to 10.4%, its lowest level since the end of 2020.Prices were still rising at an annual rate of over 20% just five months ago. 

[ad_2]

House prices in the US fell by almost 2%

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 102,924.58 0.05%
ethereum
Ethereum (ETH) $ 2,337.82 7.05%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.35 2.37%
bnb
BNB (BNB) $ 643.33 3.07%
solana
Solana (SOL) $ 173.19 7.42%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.204799 5.74%
cardano
Cardano (ADA) $ 0.776795 2.58%
tron
TRON (TRX) $ 0.260574 1.46%
staked-ether
Lido Staked Ether (STETH) $ 2,334.84 7.19%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 102,877.56 0.07%
sui
Sui (SUI) $ 3.91 1.77%
chainlink
Chainlink (LINK) $ 15.98 1.43%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,808.40 7.03%
avalanche-2
Avalanche (AVAX) $ 23.09 5.73%
stellar
Stellar (XLM) $ 0.294766 2.31%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 6.60%
hedera-hashgraph
Hedera (HBAR) $ 0.202555 4.79%
hyperliquid
Hyperliquid (HYPE) $ 24.80 7.83%
the-open-network
Toncoin (TON) $ 3.27 2.62%
bitcoin-cash
Bitcoin Cash (BCH) $ 409.26 3.04%
leo-token
LEO Token (LEO) $ 8.75 1.09%
usds
USDS (USDS) $ 1.00 0.00%
litecoin
Litecoin (LTC) $ 100.08 6.80%
polkadot
Polkadot (DOT) $ 4.80 8.44%
weth
WETH (WETH) $ 2,337.13 7.16%
monero
Monero (XMR) $ 308.37 3.25%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,493.37 6.93%
bitget-token
Bitget Token (BGB) $ 4.48 0.11%
pi-network
Pi Network (PI) $ 0.736662 15.26%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.04%
pepe
Pepe (PEPE) $ 0.000012 11.93%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 102,953.58 0.04%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.10%
whitebit
WhiteBIT Coin (WBT) $ 30.28 0.30%
uniswap
Uniswap (UNI) $ 6.30 7.48%
bittensor
Bittensor (TAO) $ 428.58 2.67%
near
NEAR Protocol (NEAR) $ 2.89 7.97%
dai
Dai (DAI) $ 1.00 0.02%
aptos
Aptos (APT) $ 5.52 1.63%
okb
OKB (OKB) $ 54.16 2.81%
ondo-finance
Ondo (ONDO) $ 1.01 4.81%
aave
Aave (AAVE) $ 210.22 3.32%
susds
sUSDS (SUSDS) $ 1.05 0.01%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
ethereum-classic
Ethereum Classic (ETC) $ 19.14 3.59%
crypto-com-chain
Cronos (CRO) $ 0.101444 3.61%
internet-computer
Internet Computer (ICP) $ 5.42 4.90%
official-trump
Official Trump (TRUMP) $ 14.09 14.04%