Where Are Home Values ​​Heading Over The Next 12 Months?


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117 points

revealed:

“The only major industry that shows immunity to the economic effects of the coronavirus is the housing market.”

Have prices continued to appreciate so far this year?

Last week, the Federal Housing Finance Agency (FHFA) has published its latest Home Price Index. The report showed house prices actually rose 6.5% from the same time last year. FHFA also noted that price appreciation has accelerated to record levels over the summer months:

“Between May and July 2020, national prices grew by more than 2%, which represents the largest bimonthly price increase observed since the beginning of the index in 1991. “

What do the experts predict about home prices going forward?

Below is a graph of home price projections for next year. As the market has changed dramatically in recent months, this chart shows forecasts released since September 1st.st.Where Are Home Values ​​Heading Over The Next 12 Months?  |  Simplifying The Market

Bottom Line

The numbers show that domestic values ​​withstood the storm of the pandemic. Let’s get connected if you want to know what your home is worth now and how that might enable you to move in this year.

Content previously posted in Keep Current Things


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