Home Prices Up 20% YOY
Home prices rose 5.3% last quarter and nearly 20% year-over-year (YOY), according to Clear Capital’s October 2021 Home Data Index. Western states led price growth once again, with prices rising 24.3% YOY. Phoenix continued to dominate with a 57% price increase, though the report noted that “COVID-related noise” may have inflated that figure. However, significant…