AdvertisementThe housing market is showing more signs of a rebound, with home prices climbing for three consecutive months. On an annual basis, prices were down 0.2%, but the monthly trend suggests that prices are stabilizing. But the housing market remains highly divided regionally. For example, the Southeast saw prices rise 3.6%, while the West saw prices drop 6.9%. Meanwhile, the positive signs in the Case-Shiller report contrast with Realtor.com's recent downgrade to its housing market forecast for this year.

Source: Economic Times June 27, 2023 18:02 UTC