Uncategorized December 27, 2016

Case-Shiller: Home prices rise in October, threaten affordability

Even though the U.S. economy is reporting robust job numbers and moderate wage growth, rising home prices, combined with rising interest rates, may make the housing market unaffordable for many. The latest home price report from Case-Shiller shows national home prices posted another rise in October after the previous report’s record high.

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