Why Home Prices Aren't Dropping

Why Home Prices Aren’t Dropping

Interest rates may have peaked, and prices did not see significant declines with higher interest rate.. Why home values continue to hold steady.

Sales numbers are down and interest rates have declined consistently over the last four weeks, leading some buyers to lock in a 6.4% rate.

While buyers remain on the sidelines waiting for interest rates to come down, those who move forward are rewarded by lower purchase prices.