Home Prices Are Dropping: Is This A Good Time To Buy A House?
Investing in real estate is often seen as a surefire way of hedging against inflation and acquiring an asset that will most likely appreciate in value over the long run.
That’s certainly been true for the past 10 years. From the first quarter of 2013 to the second quarter of 2022, house prices appreciated 94.5%, which accounts for a 60.8% rise when adjusting for inflation.