
What Time of Year Do Prices Increase?
What Time of Year Do Prices Increase? by Norris Minick Prices Increase More in the First Half When people hear that house prices are going up 12% a year, it sounds like they are going up 1% a month over the entire year. However, that’s not really how it works. In a market where prices are surging, nearly all the price increase occurs between January and June. So, when we have a 10% price increase, a house that sold for $500,000 house in January would sell for $550,000 by the end of June. For clients who are starting their house