Home prices grew at the fastest-ever rate in February as the market boom charged on, FHFA says

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Nigeria News News

Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.

Chris Delmas/AFP/Getty ImagesThat's the fastest yearly gain on record and represents a $35,000 jump in the median home sale price.

Year-over-year price growth was strongest in the Mountain region — which includes Wyoming, Colorado, Utah, Arizona, and New Mexico — at 15.4%. Home inflation was weakest in the West North Central division — which includes Iowa, Nebraska, Kansas, and Missouri — at a still considerable 10.5%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Greedy investors are pushing prices up with all-cash deals and squeezing out first-time, owner-occupied buyers.

yeah shoutout to all the foreign investors who scooped cheap af houses in which we will have to buy for hella expensive in the future !!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines