National Home Price Headlines from Earlier This Holiday Week
National home price and sales volume numbers always come in more than a month later than the data being reported. Still, the headlines just before the Independence Day holiday were exciting. Home price growth year-over-year for May was faster than anytime in the last seven years, according to the reporting firm, CoreLogic.
Of course, that growth was not uniform and prices even slipped in Delaware, for example. We already knew from my earlier Flagstaff monthly home sales report that Flagstaff’s median home price jumped in May compared with a year earlier.
Look carefully behind all these complicated charts before reaching any conclusions about the value of your own Flagstaff home.
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