Tuesday, August 20, 2013

The Wild Ride in Housing Prices

The Wild Ride in Housing Prices
Salt Lake home prices have increased 32 percent since April 2012. 
Is this a sign of a second housing bubble? Home prices climbed in the second quarter of 2013, marking 15 consecutive months of rising prices.The median single-family home price in the April through June period in Salt Lake County increased to $249,700, up 17.2 percent compared to $213,000 in the second quarter of 2012. Since April 2012, home prices in the Salt Lake area have increased every month year-over-year. See The top three highest-priced sales areas.

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