11/01/2021
The CAAR 2021 3rd Quarter Home Sales Report is out....
Home prices continued to rise in the CAAR area. In the third quarter, the median sales price was $365,000, which is up 12% over a year ago, a gain of more than $38,000.
Mortgage rates remain at historically low levels, but an improving economy will lead to moderate
increases in the average 30-year fixed-rate mortgage rate.