In the US, real estate prices reached a record high
Photo: depositphotos.com
In September, property prices exceeded their previous record, which was recorded in July 2006, according to the S&P CoreLogic Case-Shiller Index. Time.
A year and a half after this peak, the US economy fell into a Great Recession. Prices also rose by 5,5% compared with September 2015.
Seattle experienced the highest price increase - 11% since last year. It was followed by Portland, Oregon, where prices increased by 10,9%, and Denver by 8,7%.
Housing prices in the largest cities in the country 20 increased by 5,1%.
The jump in housing prices is due to increased demand and increased competition. Prices also responded to mortgage rates, which fell to a 3-year low this year.
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