IPFS News Link • Housing
US Home Prices Accelerate At Fastest Pace In 9 Months
• Zero Hedge - Tyler DurdenThis is the biggest YoY rise since Feb 2019...
Source: Bloomberg
Home prices climbed 0.5% from the previous month - also topping forecasts - matching the October increase for the best back-to-back gains since early 2018.
All 20 cities in the index showed year-over-year home-price gains, led by Phoenix; Charlotte, North Carolina; and Tampa, Florida.
After dropping YoY in September and October, the mecca of all things socially just and tech-savvy - San Francisco - saw prices adjust higher and back into the green YoY...