Housing Market Update: Homes Prices Are Up 3% Year Over Year, Biggest Increase Since November

A lack of homes for sale is pushing prices up. Inventory posted its biggest decline in 18 months as homeowners cling to relatively low mortgage rates.  The typical U.S. home sold for roughly $382,000 during the four weeks ending July 23, up 2.6% from a year earlier, the biggest increase since November. Still, homebuyers are … Continue reading Housing Market Update: Homes Prices Are Up 3% Year Over Year, Biggest Increase Since November