US Home Prices Reach Record Highs with 4.2% Annual Increase in August

Reported 28 days ago

In August, US home prices rose 4.2% year-over-year, reaching record levels, as reported by the S&P CoreLogic Case-Shiller National Home Price Index. Despite a monthly increase of 0.3%, higher mortgage rates, now above 6.5%, continue to influence the housing market.

Source: YAHOO

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