The 12-month home price gains continues to decrease in the United States. According to the S&P CoreLogic Case-Shiller National Home Price Index, the 12-month increase in October 2021 was 19.08% compared to the one reported in September which was 19.5%. The deceleration is slow but continues.

Link for the source of the graph

It is expected for the home price gains to continue to slowly decrease, however, there is still the inflationary pressure which will keep the increase in home prices up for some time.

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.