Market Update: Home Prices show strong annual gains in September

This morning’s Case-Shiller report shows a 13.9% annual gain with 1.03% monthly growth. Quicken Loans Vice President Bill Banfield offers the following comments on the report:

“The housing market’s growth is not running out of steam. September home prices continued to make monthly gains, with annual growth in the double digits. This continues to be encouraging news for homeowners that have been waiting to list their homes, and a welcome sign for buyers looking for increased inventory.”

If you would like to speak to Bill about this or any other topic, please contact us.