Home Business U.S. home prices rise 10.1% in December, fastest since 2014

U.S. home prices rise 10.1% in December, fastest since 2014

by staff

Prices have also been pushed up by the limited supply of homes on the market. “With mortgage rates remaining relatively low and the wave of eager buyers continuing to swell, it’s unlikely that this competition for housing, and subsequent strong price appreciation, will meaningfully abate in the near future,’’ said Matthew Speakman, economist at the real estate firm Zillow.

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