Utah home prices rose 19.21% from the first quarter of 2020 to the first quarter of 2021, according to the Federal Housing Finance Agency House Price Index. Utah is No. 2 among states for the highest annual appreciation.
“House price growth over the prior year clocked in at more than twice the rate of growth observed in the first quarter of 2020, just before the effects of the pandemic were felt in housing markets,” said Dr. Lynn Fisher, deputy director of FHFA’s Division of Research and Statistics, in a press release about the price index and U.S. house prices. ... See MoreSee Less
The real estate market is booming. Last year, home sales reached their highest point in 14 years and the trend has continued into 2021. Charlie Oppler, president of the National Association of Realtor...
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