The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]

<article class="post-689232 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-689232"><span class="entry-date">May 12, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=The+Worst+Home+Price+Declines+Are+Behind+Us+%5BINFOGRAPHIC%5D&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fthe-worst-home-price-declines-are-behind-us-infographic%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="The Worst Home Price Declines Are Behind Us [INFOGRAPHIC] Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/The-Worst-of-Home-Price-Declines-Are-Behind-Us-KCM-Share.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
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<h3>Some Highlights</h3>
<p>While <a href="https://www.spglobal.com/spdji/en/indices/indicators/sp-corelogic-case-shiller-us-national-home-price-nsa-index/#news-research" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">home prices</a> vary by local area, they’ve already hit their <a href="https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index.aspx" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">low point</a> nationally, and now they’re starting to rise again.</p>
<p>Last July, prices started to decline, but around <a href="https://www.corelogic.com/intelligence/us-home-price-insights-may-2023/" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">February</a>, they began <a href="https://www.simplifyingthemarket.com/2023/04/17/think-twice-before-waiting-for-lower-home-prices/" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">climbing</a> back up.</p>
<p>If you put your plans to move on hold waiting to see what would happen with <a href="https://www.simplifyingthemarket.com/2023/04/26/the-three-factors-affecting-home-affordability-today/" rel="noopener noreferrer" style="color: rgb(5, 99, 193);" target="_blank">home prices</a>, reach out to a local real estate expert to discuss if now’s the right time to jump back in.</p>
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