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US house prices increase strongly in December

Summary
U.S. single-family house prices increased solidly in December, despite improving supply, which together with elevated mortgage rates will continue to erode affordability. House prices rose 0.4% on a month-on-month basis after an upwardly revised 0.4% increase in November, the Federal Housing Finance Agency said on Tuesday. Prices were initially reported to have climbed 0.3% in November.

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US house prices increase strongly in December

Prices increased despite improving supply, which together with elevated mortgage rates will continue to erode affordability.

·United Kingdom
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compactmag.com broke the news in on Tuesday, February 25, 2025.
Sources are mostly out of (0)