News

Feb 2, 2018

2% from last year.

Sales continue to rise and builders are busy as millennials enter home-buying years.

The supply of new and previously owned homes for sale, however, is not keeping up, contributing to a quick rise in prices.

2018 could also welcome higher mortgage rates. The Federal Reserve raised a key interest rate in December, meaning banks could boost rates in the next 12 months.

Full article available here:
https://www.realtor.com/news/real-estate-news/home-prices-stay-high-up-6-2-from-a-year-earlier-case-shiller-shows/

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