Property prices in the US continued to leap ahead during the summer at a rate of 18.5%, according to the latest quarterly report from the Federal Housing Finance Agency (FHFA). But where are they rising fastest, and why?
If you’ve just come back to the US property market after 18 months away, you may be in for a shock. In what’s been described as a “market frenzy”, prices have been rising at their fastest rate for 30 years. So is it best to avoid buying US property for a while? Not necessarily, say the experts, momentum has been building for a while and shows no sign of waning. Moreover, the US is only slightly ahead of the UK…
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