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【World Property Journal】Annual Home Price Growth in U.S. Reaches Fever Pitch in August

【World Property Journal】Annual Home Price Growth in U.S. Reaches Fever Pitch in August

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U.S. home prices rose at history making rates this summer, shattering 45 year record

According to CoreLogic's latest CoreLogic Home Price Index for August 2021, U.S. home prices rose to a fever pitch this summer, with annual price gains reaching another all-time high in August 2021 at 18.1%.

Ongoing affordability challenges within the supply-constricted market have also been exacerbated by an influx in homebuying activity from investors. As the home purchase market continues to boom and buoy the post-pandemic economy, these market factors are unevenly affecting access for some buyers.

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