Homes.com Report: U.S. Home Price Growth Remained Muted at 2.4% in August as the Market Shifts Toward Buyers
Core Insights - Homes.com, a leading online residential marketplace by CoStar Group, released a report analyzing home price trends in August, indicating that U.S. home price growth remained muted [1] - The national median home price increased by 2.4% year-over-year to $389,000, which is an increase of $9,000 from last August, although prices are still below previous levels [1] Price Trends - Preliminary data shows that the growth in home prices across major metros and house types has been limited in August [1] - The reported increase in the national median home price reflects a modest recovery in the housing market [1]