Still, it will take some time before we return to a normal level of price growth, and we still expect prices to grow 13.6% by next September,” says Nicole Bachaud, an economist at Zillow. Indeed, the frenetic rise of home prices is slowing, though still going up: “September was the second month in a row that month-over-month price appreciation pulled back, signaling that moderation in home proces is around the corner as we come into 2022.
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