The housing market just keeps getting worse for buyers. Prices haven't gone up this fast in at least 45 years.
US home price growth is surging. That's good news for homeowners, bad news for homebuyers, and especially bad news for millennials.
"New household formation, investor purchases and pandemic-related factors driving demand for the limited supply of available for-sale homes continues to propel the upward spiral of US home prices," CoreLogic CEO Frank Martell said in a statement."However, we expect home price growth to moderate over the near term as many buyers take a break for the holidays."
It's bad news for all the younger buyers looking to become homeowners, though. Millennials have had a
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