Wednesday, 14 April 2021 | The Latest Buzz for the Appraisal Industry

Rates and Prices Pushing Affordability Out of Reach

Black Knight’s latest Home Price Index has found home prices up 11.6% in February, hitting their highest annual rate in more than 15 years. Also rising at an equally-paced clip, median single-family sales prices rose 15.9% year-over-year in February. The rise in home prices, along with the uptick in mortgage rates, has driven affordability to …

The post Rates and Prices Pushing Affordability Out of Reach appeared first on DSNews.

Responses

Welcome

Need Help?

Our knowledge base will help you and find the answers you're looking for.