Look for home price appreciation to slow this year after a surge in 2021, said CoreLogic Principal Economist Molly Boesel.

The 18.5% year over year increases in national home prices was the highest 12 -month gain in the CoreLogic Home Price Index since the index began in 1976.

"Consumer desire for homeownership against persistently low supply of for-sale homes created one of the hottest housing markets in decades in 2021 and spurred record-breaking year-over-year home price growth," Boesel said.

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