US Home Prices Gain Monumental Annual Increase in March rfinley@seodig… Wed, 05/19/2021 - 15:50
The latest development in real estate is that the U.S home sale price has gone up by 1.7% yearly, which brings it to an all-time high of $330,250. According to national property broker Redfin, this is the largest increment on record, which goes as far back as 2016. In the weeks to come, the nation’s housing market will enter a period where comparisons to a year ago will intercept with a decline in home buying demands at the start of the Coronavirus pandemic. Most housing demand measures will show significant year-to-year increases. We will provide more context about these measures in reporting new data as it becomes available. Important U.S housing market facts during the four weeks ending March 14 includes:
Times and facts in the housing market have indeed changed in the last year. Housing demand measures are changing, and newly listed homes are being purchased in decent time. No one knows if the market will change for better or good. Are you ready to make an investment? Contact Reedy & Company today for more information on our property management services!
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