These figures are based on a year to year comparison and the strongest august in 6 yrs.Home Prices are up 6.3%.
It looks like we are on the way up again. Ca. always comes back. If you can qualify and don’t own a home, what the heck are you waiting for?
Interest rates may go down again now that the fed is pumping the prime once more but if you wait for that, prices will go up further. If you are waiting to refi, you might want to wait a few months.