Published Date 7/2/2025
Home prices continue to defy gravity “It ain’t over ’til it’s over” was never more true than the past few months, when real estate home price growth kept accelerating through the month of December and beyond, especially in the Northeast. Realtor.com’s Ken Griffith reports on how valuations remain surprisingly resilient as nationwide, home prices grew 3.9% in December from a year earlier — more than the 3.8% gain recorded in November, according to the latest S&P CoreLogic Case-Shiller Index data recently released. “The Northeast continued to lead all regions in growth, and home prices reached an all-time high in Boston, the only market where they did so for the three-month period that ended in December,” he says, with New York again reporting a 7.2% increase — the highest annual gain among the 20 largest cities. Chicago follows, with 6.6%; and Boston, at 6.3%. Balmy Tampa, FL, however, posted the lowest return, with prices falling 1.1% annually. Realtor.com’s Hannah Jones explains how regional variation in the housing market means that buyers across the country face vastly different market conditions. "Markets in the Midwest and Northeast continued to see substantial demand, resulting in sustained price growth in December, while the South and West continued to soften." Griffith also reports on how the index's composite of home prices in the 20 largest metro areas posted a year-over-year increase of 4.5%, up from a 4.3% increase in the previous month. But the continued expansion of home prices came in defiance of sluggish home sales, which were at a near 30-year low in 2024. High mortgage rates and affordability concerns pushed many buyers to the sidelines, leaving mostly the well-heeled or cash buyers to jump into the market. Reach out for more! Realtor, TBWSAll information furnished has been forwarded to you and is provided by thetbwsgroup only for informational purposes. Forecasting shall be considered as events which may be expected but not guaranteed. Neither the forwarding party and/or company nor thetbwsgroup assume any responsibility to any person who relies on information or forecasting contained in this report and disclaims all liability in respect to decisions or actions, or lack thereof based on any or all of the contents of this report.
NMLS: NMLS ID: 252422
The Aliano Group at C2 Financial Corporation
2447 Pacific Coast Hwy, Ste 200, Hermosa Beach CA 90254
Company NMLS: 135622
Office: 800-363-5600
Cell: 310-430-0486
Email: Clark@TheAlianoGroup.com
NMLS: NMLS ID: 252422
Cell: 310-430-0486
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