U.S. Home Prices See 17% Annual Increase in May, Reports Freddie Mac

·3-min read

There's a reason buyers in today's real estate market are growing increasingly frustrated. Home prices have soared in recent months as low mortgage rates and limited inventory have caused a spike in buyer demand. To get a sense of just how high home values have climbed, in May, housing prices increased 17% compared to May of 2020, according to the Freddie Mac House Price Index.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting