Thursday 12 November 2020

US home prices jump at record rate

Home prices are on the up, but that may lead to trouble in the future. The median cost of a single-family home jumped 12 percent in the third quarter to $313,500, marking the biggest year-over-year increase since 2013, according to data from the National Association of Realtors that was first reported by Bloomberg. Prices increased in all 181 metropolitan areas NAR tracks, the organization said in a report published Thursday. Some of the largest gains



source https://therealdeal.com/2020/11/12/us-home-prices-jump-at-record-rate/

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