Don't be greedy, share it:

"It's Unstoppable" – US Home Prices Rise At Fastest Pace In Over 3 Years

US national home prices are up 6.07% YoY in August – the fastest rate since June 2014.

We note this data is for August – before the hurricanes.

Seattle (up 13.2 percent), Las Vegas (up 8.6 percent), and San Diego (up 7.8 percent) were the top three cities in terms of year-over-year price appreciation; all cities showed gains of at least 3 percent.

After seasonal adjustment, San Diego had the biggest month-over-month increase at 1 percent, while Atlanta was the only city to show a decline, at 0.2 percent.

Pushing home prices to a new record high…

“Home-price increases appear to be unstoppable,” David Blitzer, chairman of the S&P index committee, said in a statement.

 

At the same time, “measures of affordability are beginning to slide, indicating that the pool of buyers is shrinking,”

 

and the Fed’s interest-rate hikes are likely to push mortgage rates higher over time, “removing a key factor supporting rising home prices,” he said.

In fact, US homes have never been more unaffordable…

 

As every single city’s home prices are rising faster than earnings…

The Rebel's Guide To Options Trading

Don Kaufman delivers what readers are calling 'HIS BEST YET!' In this exclusive Guide, Don will give you ALL the secrets he's taught millions of other traders to help guide them along in their successful options trading journey...

Now, this is NOT for those who only want to make a HALF attempt...nope...this is ONLY for those serious about becoming a better trained, more profitable, and long term options trader!

If that's YOU...Download Your Copy below:

Download Now