U.S. home prices posted their biggest annual price increase since February 2023, reaching a 3.7% price gain in August, according to CoreLogic's August 2023 Home Price Index.
While home prices ticked up 0.3% month-over-month and forecasters expect continued growth over the next year, there are some housing markets likely to see price drops.
Miami continued to post the biggest home price growth in the country, at a 8.3% price increase in August.
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