America’s home price growth continues to slow as economic tension heightens

In August, the average American home listing price climbed 4.9% year over year, reaching a high of $309,000, according to Realtor.com’s Housing Trend Report. While this is an increase from last year’s price levels, the company indicates that August’s rate of growth was much slower than 2018’s pace of appreciation. The reason? Well, Realtor.com believes the nation’s economic anxieties might be causing a seasonal slowdown.