- Appreciation is an increase in the value of an asset.
- Depreciation is a decrease in the value of an asset.
- Deceleration is when something happens at a slower pace.
“My sense is the Case-Shiller National annual growth rate of 19.7% is probably close to a peak, and that year-over-year price increases will slow later this year.”Ivy Zelman of Zelman & Associates agrees, saying:
“. . . home price appreciation is on the cusp of flipping to a decelerating trend.”A recent article from realtor.com indicates you should expect:
“. . . annual price increases will slow to a more normal level, . . .”