According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you're one of the people worried about that, here's what you need to know.
 

A lot of that fear is probably coming from what you're hearing in the media or reading online. But here's the thing to remember. Negative news sells. That means, you may not be getting the full picture. You may only be getting the clickbait version. As Jay Thompson, a Real Estate Industry Consultant, explains:
 

"Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for the industry. Clickbait, the sensationalizing of headlines and content, has been an issue since the dawn of the internet, and housing news is not immune to it."

Here's a look at the data to set the record straight.  Home Prices Rose the Majority of the Past Year.  Case-Shiller releases a report each month on the percent of monthly home price changes. If you look at their data from January 2023 through the latest numbers available, here's what you'd see:

Case-Shiller: Prices
Month-Over-Month Percent Change in Home Values (Seasonally Adjusted)