A late run-up in mortgage rates and an ugly standoff in Washington D.C. appear to have spooked the real estate industry as RISMedia’s Broker Confidence Index (BCI) skidded in May, falling to its lowest reading of the year. As mortgage rates simultaneously reached a six-month peak, both real estate professionals and consumers were bombarded with…

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Home price growth rose 2% year-over-year, the 135th consecutive month of annual growth, according to a new report from CoreLogic. CoreLogic’s latest Home Price Index found that April marked the sixth straight month of single-digit gains, which have slowed from an all-time high of nearly 20% annual appreciation in the spring of 2022. Key highlights:…

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