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…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!

Latest Worthy News

British and Dutch Artists Caught in Anti-Jewish Sentiments
Iran Deployed Bot Network to Undermine U.S. Support for Military Action
Trump Announces Israel Agrees to 60-Day Ceasefire Framework, Urges Hamas to Accept Final Deal
U.S. Approves $510 Million Precision Bomb Kit Sale to Israel Following Strikes on Iran
Israel Unveils Upgraded “Arrow 4” Missile Defense System
Trump Expects Gaza Ceasefire Deal as Netanyahu Heads to Washington
Trump and DeSantis Unveil “Alligator Alcatraz” Immigration Detention Facility in Florida Everglades
Senate Passes Trump’s ‘One Big Beautiful Bill Act’ After All-Night Vote-a-Rama, Setting Up House Showdown
Evangelist Jimmy Swaggart Dies At 90 (Worthy News In-Depth)
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