Tag: home prices

US Home Prices Rise 10.1 Percent in December, Fastest Since 2014

WASHINGTON—U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates and Americans moving from crowded urban areas to houses in the suburbs. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, climbed 10.1 percent in December from a year earlier. The year-end jump was the…


US Home Prices Rose 10.1 Percent in December, Fastest Since 2014

WASHINGTON—U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates and Americans moving to houses in the suburbs from crowded urban areas. The S&P CoreLogic Case-Shiller 20-city home price index, released on Feb. 23, climbed 10.1 percent in December from a year earlier. The year-end jump…


Booming Housing Market Creates Shifts in SoCal Moving Patterns

Many potential buyers have been undeterred by rising home prices throughout Southern California, despite high unemployment and cutthroat competition for houses entering the market, say realtors. Others, however, say they’ve been priced out of the state and have decided to leave—especially young, potential first-time buyers. Some experts are calling for a hike in mortgage interest…