{"id":1994464,"date":"2023-08-08T15:29:01","date_gmt":"2023-08-08T19:29:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-home-prices-hit-record-highs-in-60-percent-of-key-markets\/"},"modified":"2023-08-08T15:29:52","modified_gmt":"2023-08-08T19:29:52","slug":"us-home-prices-hit-record-highs-in-60-percent-of-key-markets","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-home-prices-hit-record-highs-in-60-percent-of-key-markets\/","title":{"rendered":"60% of key US markets experience record high home prices."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fus-home-prices-hit-record-highs-in-60-percent-of-key-markets%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1994464&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>U.S. \u200cHome Prices Soar\u200b to New Heights<\/h2>\n<p>The\u2062 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-should-brace-for-aggressive-sabotage-by-chinese-hackers-top-cybersecurity-official-says\/\" title=\"Top cybersecurity official warns of 'aggressive' Chinese hacker attacks, urges US to prepare.\">latest report reveals<\/a> that housing prices in the United States have once again skyrocketed, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-york-will-lift-school-mask-mandate-on-wednesday\/\" title=\"New York Will Lift School Mask Mandate on Wednesday\">reaching unprecedented levels<\/a> in key markets across the country. This surge in prices is \u2063a result of \u2063the ongoing scarcity of available homes.<\/p>\n<h3>Continued Lack of Inventory Drives Prices \u2064Up<\/h3>\n<p>The Black\u200d Knight Home Price Index (HPI) shows a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-home-prices-hit-record-highs-in-60-percent-of-key-markets\/\" title=\"60% of key US markets experience record high home prices.\">remarkable annual growth<\/a> of 0.8 percent in\u200b June, marking a significant rebound after a period of slowdown that lasted for over a\u200b year.<\/p>\n<p>This surge in home prices is not limited to a few areas but is a nationwide phenomenon. \u2062Buyers and sellers alike \u2062are\u200d witnessing the effects of the housing shortage, as demand continues to\u200c outpace supply.<\/p>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Housing prices have reached\u200d new \u200dpeaks both nationally and locally.<\/li>\n<li>The Black Knight Home Price Index\u2062 (HPI) experienced a 0.8 percent annual growth in June.<\/li>\n<li>The\u2064 scarcity \u2062of available homes is the driving force behind the surge in prices.<\/li>\n<li>The\u2062 housing shortage \u200cis affecting markets across the United States.<\/li>\n<\/ul>\n<blockquote><p>&#8220;The current \u2064state\u200b of the\u200c housing market highlights the urgent need\u2063 for\u200d increased inventory to meet the growing demand. As prices continue to rise, it becomes increasingly challenging for prospective buyers \u2063to find affordable homes.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>U.S. home prices surged to record highs in major markets, driven by a persistent shortage of available homes, states a recent report. The Black Knight Home Price Index (HPI) showed a 0.8 percent annual growth in June, rebounding after a period of slowdown. Housing prices reached new peaks both nationally and locally.<\/p>\n","protected":false},"author":327,"featured_media":1994465,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-1994464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1994464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/327"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1994464"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1994464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1994465"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1994464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1994464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1994464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}