ERIN SYKES at Fox Business Network Mornings With Maria Bartiromo

Fox Business News

June 21, 2023


The March 2023 S&P CoreLogic Case-Shiller US National Home Price Index data was released yesterday, which indicated a 0.4% increase in resale prices compared with February 2023 and a 1.19% DECREASE y/y. This is the first y/y drop since 2012. Note the lag in this data, therefore it does not take into account the activity we’ve seen in April and May. Prices are dropping, and where they haven’t been posted online, they are being negotiated into contracts.


Erin Sykes
Erin Sykes
Licensed Associate Real Estate Broker (FL, NY & NJ), Nest Seekers Chief Economist, LEED AP