Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho October 1, 2020

Case-Shiller: Home Price Growth Rate Increases in July

Home price growth fueled by high demand for single-family homes was higher in July according to Case-Shiller’s National Home Price Index. Analysts said that millennials seeking to purchase homes and the continued exodus from large urban areas propelled rising home prices. Home prices grew fastest in the West and Southeastern regions. While home prices grew moderately before the pandemic, high unemployment has not impeded rapid home price growth since the pandemic. Low mortgage rates and … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, COVID19, Home Price Increasing

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