U.S. markets closed
  • S&P 500

    4,297.15
    +17.00 (+0.40%)
     
  • Dow 30

    33,912.44
    +151.39 (+0.45%)
     
  • Nasdaq

    13,128.05
    +80.87 (+0.62%)
     
  • Russell 2000

    2,020.40
    +3.79 (+0.19%)
     
  • Crude Oil

    88.95
    -3.14 (-3.41%)
     
  • Gold

    1,794.70
    -20.80 (-1.15%)
     
  • Silver

    20.22
    -0.48 (-2.31%)
     
  • EUR/USD

    1.0164
    -0.0094 (-0.91%)
     
  • 10-Yr Bond

    2.7910
    -0.0580 (-2.04%)
     
  • GBP/USD

    1.2055
    -0.0084 (-0.69%)
     
  • USD/JPY

    133.2980
    -0.1820 (-0.14%)
     
  • BTC-USD

    24,008.69
    -280.20 (-1.15%)
     
  • CMC Crypto 200

    570.16
    -20.60 (-3.49%)
     
  • FTSE 100

    7,509.15
    +8.26 (+0.11%)
     
  • Nikkei 225

    28,871.78
    +324.80 (+1.14%)
     

The cities where housing costs are likely to drop: ‘We’ve squeezed a decade of home-price appreciation into a year and a half’

·3 min read
The cities where housing costs are likely to drop: ‘We’ve squeezed a decade of home-price appreciation into a year and a half’

Mortgage rates are cooling off after sharply rising. The hesitation is starting to show up in proprietary data, Rick Palacios Jr., head of research at John Burns Real Estate Consulting, told MarketWatch. “The consensus is most forecasters … are anticipating prices to either flatten and/or go down next year, especially in a lot of these way overheated markets like Boise,” Palacios said.