While many segments of real estate are suffering through COVID shutdowns, for-sale housing is flourishing.
The latest data point comes from CoreLogic's most recent US Home Price Index, which showed that annual home price growth accelerated to its fastest rate in nearly two years.
The HPI posted a 5.5% year-over-year increase in July. Home prices increased by 1.2% compared to June.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
