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tommiegun54

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tommiegun54

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Friday, 07/30/2021 12:09:07 PM

Friday, July 30, 2021 12:09:07 PM

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SURGING REAL ESTATE PRICES PART OF BULLISH THEORETICAL UNDERPINNINGS FOR PMI COMPANIES

"Prices of the Most and Least Expensive U.S. Homes Are Surging the Fastest

REDFIN
July 30, 2021 by Lily Katz

Luxury-home prices soared 26% year over year in the second quarter, while prices of the most affordable homes grew 19%. Both segments outpaced the rest of the market.
The median sale price of U.S. luxury homes jumped 25.8% year over year in the second quarter, while the median sale price of the country’s most affordable homes rose 18.7%. By comparison, prices of mid-priced and affordable homes grew just 16% and 13.2%, respectively."


https://www.redfin.com/news/real-estate-price-tier-report-q2-2021/
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