Home prices across the country skyrocketed 20.6% in March on an annual basis, climbing 2.6% from one month earlier,
Home prices across the country skyrocketed 20.6% in March on an annual basis, climbing 2.6% from one month earlier,
when prices surged 20% year over year, according to the closely watched S&P CoreLogic Case-Shiller Indices.
when prices surged 20% year over year, according to the closely watched S&P CoreLogic Case-Shiller Indices.
Top Cities for Home Prices HikeTampa: +34.8%
Top Cities for Home Prices HikeTampa: +34.8%
Top Cities for Home Prices HikePhoenix: +32.4%
Top Cities for Home Prices HikePhoenix: +32.4%
Top Cities for Home Prices HikeMiami: +32%
Top Cities for Home Prices HikeMiami: +32%
Cities With Smallest Price HikeMinneapolis: +12.4%
Cities With Smallest Price HikeMinneapolis: +12.4%
Cities With Smallest Price HikeWashington +12.9%
Cities With Smallest Price HikeWashington +12.9%
Cities With Smallest Price HikeChicago: +13%
Cities With Smallest Price HikeChicago: +13%
Demand is waning — evident in weakening purchase applications and home sales — in response to sharply higher mortgage rates, which should provide some relief on prices,” said Rubeela Farooqi, chief U.S. economist at High Frequency Economics.
Demand is waning — evident in weakening purchase applications and home sales — in response to sharply higher mortgage rates, which should provide some relief on prices,” said Rubeela Farooqi, chief U.S. economist at High Frequency Economics.