Salt Lake home prices have increased nearly 47 percent over the past five years, and more than 371 percent since 1991, according to a recent report by the Federal Housing Finance Agency. Nationwide, home prices have increased 32.81 percent over the same five-year period. Over the past year, home prices across Utah increased 9.80 percent, the third highest house-price appreciation of all states, the report said The FHFA House Price Index (HPI) is a broad measure of the movement of single-family house prices. The HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. (Courtesy of Salt Lake Board of Realtors)
2020 Homebuyer Preferences
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Expert Reactions to the 2020 Housing Market Recovery
America Has a Surprising New Favorite Room in the House
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Why Homeowners Have Great Selling Power Today
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Today’s Buyers Are Serious about Purchasing a Home
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Home Sales Surging This Summer
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Homeownership Rate Continues to Rise in 2020
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Moving America Forward
Kids Go Back to School and Life goes on Says a group of Prominent Physicians