New data from Standard & Poor’s reveal a subtle deceleration of steadily rising home prices, causing some to speculate that a cooling off in the housing market may be on the horizon, even as the market remains far hotter than pre-pandemic levels.
S&P released its monthly Case-Shiller Home Price Index on Aug. 30, which raised eyebrows in the real estate industry because one data point may, some believe, have broad implications for housing markets in the near future.
