Home prices go negative for the first time in over 2 years — and may stay that way for a while
Market Intelligence Analysis
AI-PoweredHome prices have turned negative for the first time in over 2 years, marking a significant shift in the real estate market. This change may persist due to rising mortgage rates and the Federal Reserve's interest rate hikes. The market is experiencing a downturn after a year of rate increases.
Market impact analysis based on bearish sentiment with 68% confidence.
Article Context
Home prices have not gone negative since mid-2023, a year after the Federal Reserve first brought rates up from zero, and mortgage rates moved sharply higher.
Analysis and insights provided by AnalystMarkets AI.