Reported about 5 hours ago
U.S. single-family house prices rose by 0.7% in September, following a revised 0.4% increase in August, according to the Federal Housing Finance Agency. Over the past year, prices have gone up by 4.4%, although this rate of increase has slowed compared to prior quarters. Rising mortgage rates, currently just below 7%, alongside economic data and potential inflation fears from new political policies, are expected to continue impacting home affordability for potential buyers.
Source: YAHOO