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Home Price Appreciation Slowed in Most U.S. Markets in 2018

Home Price Appreciation Slowed in Most U.S. Markets in 2018

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According to Zillow's December 2018 Real Estate Market Report, annual U.S. home value growth slowed in more than half of the nation's largest housing markets since this time last year. Seattle and San Jose, Calif., saw the biggest declines in appreciation over the past year.
 

In December 2017, home values in Seattle were growing at a 12.4 percent annual pace. They continued to appreciate at a double-digit pace through early 2018, but slowed to 5.0 percent in the seven months leading into December. San Jose saw a similarly steep drop in appreciation - from 16.8 percent in December 2017 to 9.9 percent in December 2018.
 

By Monsef Rachid | January 25, 2019 8:10 AM ET

 

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