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Home value growth slows across nation

June 24, 2020 - 05:00
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Home value growth slows across nation

The typical U.S. home value continues to grow at a healthy annual pace that is somewhat faster than prior months, a signal of the housing market’s relative strength even as the coronavirus pandemic continues to batter the overall economy. But the pre-pandemic momentum that has buoyed the housing market the past few months may be wearing off, and signals are emerging of a potential housing slowdown to come. The typical home value in the U.S. was $251,598 in May, up 4.3 percent year over year — a small acceleration from April’s 4.2 percent pace of annual growth. But by more recent ...

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