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Re: navycmdr post# 693886

Tuesday, 08/31/2021 11:02:06 PM

Tuesday, August 31, 2021 11:02:06 PM

Post# of 797132
U.S. June home prices rise at record annual pace -S&P/Case-Shiller

https://mobile.reuters.com/article/amp/idUSKBN2FW16H

"Today’s S&P Case Shiller Index spotlights a hot summer’s housing market, where buyers prepared with cash for down payments and low interest rate loans placed competing bids for an evaporating supply of homes available for sale and drove prices higher," said George Ratiu, manager of economic research for Realtor.com.

"In a noticeable shift, July saw real estate markets welcome a larger influx of new listings, as homeowners across the country decided to move on with pandemic-delayed plans to sell."