U.S. home price appreciation reached 20.7% in August 2021, marking the third straight month it has reached a new record mark, according to the latest findings by First American.
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Home Prices Become More Affordable Than Their Housing Boom Peaks
While nominal house prices in July were 35% higher than at the housing boom peak for prices in 2006, house-buying power remains nearly 38% below its 2006 housing boom peak.
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