Key Points:
- House prices rose nationwide in August, up 1.0% from the previous month.
- House prices rose 18.5% from August 2020 to August 2021.
- The 1.0% increase in August marks the 15th consecutive month of increases.
- Rising home prices are pushing some buyers out of the market.
- While existing home sales rose 7% in September, first-time buyers dropped to 28%, the lowest level since July 2015.
- The Right Facts will continue to monitor home prices.