HOUSE PRICES ROSE 1% IN AUGUST, UP 18.5% IN LAST YEAR

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.
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