U.S. home prices surge 18.4% in October


construction new homes worthy news(Worthy News) – U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.

The S&P CoreLogic Case-Shiller 20-city home price index, out Tuesday, climbed 18.4% in October from a year earlier. The gain marked a slight deceleration from a 19.1% year-over-year increase in September but was about in line with what economists had been expecting.

The housing market has been strong thanks to rock-bottom mortgage rates, a limited supply of homes on the market, and pent-up demand from consumers locked in last year by the pandemic. Many Americans, tired of being cooped up at home during the pandemic, are looking to trade up from apartments to homes or to bigger houses. [ Source: CNBC (Read More…) ]

7
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Poll: 70% Of Americans Support In-Person Requirement For Abortion Pills
Iran Internet Blackout Enters Fourth Week Amid War With U.S., Israel
U.S. Surpasses 10,000 Strikes on Iran as Operation Epic Fury Intensifies
Trump Signals Possible National Guard Deployment as Airport Delays Mount Amid Shutdown
Australian PM Heckled At Sydney Mosque Amid Tensions Over Islamist Ban, Bondi Beach Massacre
U.S. Warns of Escalation as Iran Rejects Ceasefire Terms, Demands Control of Hormuz
Foiled Synagogue Attack Deepens Concerns Over Antisemitic Violence In Netherlands (Worthy News In-Depth)
Israel Strikes Caspian Supply Line in Bold Move Against Iran-Russia Axis
Shutdown Standoff Deepens as Democrats Block DHS Funding Over ICE Restrictions
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News