Home prices gain most on record as low rates drive demand

Nov 24, 2020 |

Home prices surged the most on the record in the third quarter, according to a report Tuesday from the Federal Housing Finance Agency. With record-low mortgage rates fueling demand for housing, prices jumped 3.1% compared to the prior quarter. That was the biggest gain in records dating to 1991, according to FHFA. Compared to 2019, […more]

Posted in: San Francisco

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