News

Home prices are rising faster in the middle of the U.S. as Covid drives people away from coasts

January 14, 2021

Article by:  Diana Olick

  • Smaller metropolitan markets like Indianapolis, Kansas City, Boise, Austin, Cleveland, Cincinnati, Memphis and Pittsburgh are seeing some of the strongest price gains in the nation.
  • Prices in those cities are now at least 10% higher compared with a year ago.
  • Nationally, home prices rose a remarkable 8.4% in October from a year earlier on the S&P Case Shiller Index. That’s up from a 7% gain in September and is the largest one-month move in over a decade.

Read the full article:  http://cnb.cx/3oPG5UU