Saturday, 18 September 2021 | The Latest Buzz for the Appraisal Industry

Home Prices Continued to Spike in June But Housing Market Remains Strong

U.S. home prices in June increased 2.3% compared with May and were up 17.2% compared with June, according to CoreLogic’s home price index.

Lack of supply, economic rebound and demographic trends were the main factors fueling the home price surge, the firm’s research shows.

The result is affordability challenges that are increasingly impacting low- and middle-income Americans.

“Home prices have been rising in the mid-single digits for some years now. The recent surge to

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