Falling Oil Prices Impact Home Appreciation

January 7, 2015

Despite the rise in home prices during the month of November when oil prices began to fall, the crash in crude-oil prices may have a negative effect on home prices by the end of 2015, according to Realtor.com.

 

The annual pace of home prices could slow to 4.6 percent as the significant drop in oil prices affects states such as Texas and North Dakota. Another factor having an effect on home prices is that more owners are putting their properties on the market.

 

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