Home prices rise at record pace for third straight month — with 6 cities leading the hot housing market

The numbers: Home prices continued to grow at a record pace in June, according to a leading barometer.

What happened: As in recent months, the largest price gains were recorded in Phoenix, San Diego and Seattle. In 19 of the 20 cities analyzed, home prices are at record highs, with Chicago being the lone holdout. Meanwhile, six cities — Boston, Charlotte, Cleveland, Dallas, Denver and Seattle — all saw record price appreciation over the past year.

The big picture: The intense competition for homes in recent months — fueled, in part, by low mortgage rates and a lack of housing inventory — translated into steadily rising home prices for much of the past year. But in more recent years, it’s become clear that the situation is beginning to change, and the breakneck pace of home-price appreciation is cooling.

Bitcoin fixes this too

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

That home office might be here to stay: Companies prepare for much longer reality of WFHAfter what could be 2 full years of working at home during the coronavirus pandemic, there is a growing disconnect between employees reluctant to return to their desks and executives pushing to get them back. Follow the science. Get the Red Flu shots if you are worried. 12 year old flipping crypto by the minute and cashing in Two years working from home. Does your company really need you? Does your job actually produce or services the population? Two years . You must be getting paid for doing nothing. Tax the shit out of those people.
مصدر: NBCNews - 🏆 10. / 86 اقرأ أكثر »