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US home prices jumped the most in 7 years in December as the housing-market boom charged into the new year, Case-Shiller says
6 days ago - By Business Insider
Homes are seen for sale in the northwest area of Portland, Oregon.
Reuters
The S&P Case-Shiller US home-price index rose to a 10.4% annualized increase in December, up from 9.5%.
The reading marks the strongest pace of price growth in seven years, according to a press release.
The data suggests the US housing market ended 2020 strong amid low inventory and record-low mortgage rates.
Visit the Business section of Insider for more stories .
US home prices surged through the end of 2020 as record-low mortgage rates kept demand at elevated levels, and a general inventory shortage propped up...
Read more ...New or used? Either way, price hikes squeeze US auto buyers
6 days ago - By ABC News
The viral pandemic has triggered a cascade of price hikes throughout America's auto industry - a surge that has made both new and used vehicles unaffordable for many
Read more ...
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