March Home Prices Up 8.9%, the Biggest Increase in Four Years » Mortgage Masters Group

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"The average growth in home equity was more than $15,000 during 2017, the most in four years.". Four cash-out refinance options that put your home equity to work. Though increased equity certainly spells good news for existing homeowners, it also bodes well for the country’s economy at large.

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Prices were up 8.7 percent year over year in June for the most affordable third of homes nationwide (those priced up to $232,000), the second-biggest increase in more than a year (the highest was last month, with an 8.9% growth rate). For homes in the most expensive third (more than $385,000), prices grew just 1.1 percent year over year.

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March Home Prices Up 8.9%, the Biggest Increase in Four Years Mortgage Masters Group House prices up 50pc in space of five years Relentless hikes in the cost of buying a home have resulted in house prices rising by more than 7pc in the past year, new research revealed. FHA loan calculator Florida.