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Housing prices were again increased in February, as the limited offer continued to promote the market in the middle of mortgage rates and high accessibility challenges.

The National National Price Index of S&P Corelogic Case-Shiller increased by 0.3% compared to the month before in February, in a tight way, increasing from the monthly gain of 0.5% registered in January.

Annually, prices nationally increased by 3.9%, less than 4.1% seen in January.

Home prices monitoring rates in the 20 older -American cities increased by 0.4% in February from January, coinciding with the monthly estimate of Bloomberg Consensus.

The rate of 20 cities increased by 4.5% compared to last February, due to an annual increase of 4.7% of the previous month.

“Even with the mid -6% mortgage rates and the challenges of persistent accessibility, housing prices have shown a significant resilience,” said Nicholas Godec, a fixed income responsible for the S&P Dow Jones indexes, in a statement.

“The buyer’s demand has cooled compared to the frenetic pace of previous years, but the supply of limited homes continues to be based on prices in most markets. Instead of wide decreases, we are seeing a slower and more sustainable rate of price growth.”

Mortgage rates continue to pass around 6.8%, as market volatility persists in the midst of rates related news. The average 30 -year fixed rate stood at 6.81% until last week, According to Freddie MacLittle changed 6.83% a week before.



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