70% of metros post double-digit annual price gains in first quarter
Reading Time: 2 minutesA new report from the National Association of Realtors (NAR) revealed that 70% of the 185 metro areas evaluated by the organization posted double-digit annual home-price increases in first-quarter 2022. That’s up from a share of 66% in fourth-quarter 2021 as price gains persist despite rapidly rising mortgage rates and a backtrack in home sales. […]
CoreLogic’s Home Price Index logs largest annual increase on record
Reading Time: 2 minutesThe convergence of several market headwinds has led to price growth slowing (and sometimes reversing) in certain parts of the country of late. But overall, gains have remained steep, with the increase in March 2022 representing highest on record, according to CoreLogic. The company’s Home Price Index (HPI) rose by a staggering 20.9% year over […]
