BREAKING NEWS: US home prices fell in January for seventh straight month
National Association of Home Builders CEO Jerry Howard surveys the state of the housing market as the U.S. economy continues to grapple with inflation on ‘Varney & Co.’dampened consumer demand for new houses.
Prices slid 0.6% nationally in the period from December to January, the seventh consecutive monthly decline, the S&P CoreLogic Case-Shiller index showed on Tuesday. Home prices fell again in January and are now barely higher than they were a year ago," said Jeff Tucker, senior economist at Zillow.
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