Real Estate

Home prices surge by most in over 6 years

U.S. home prices rose in October by their fastest pace in more than six years as a stampede out of city centers resulted in the fewest properties listed for sale on record.

Average US homeowner sees equity increase of $17,000

The coronavirus pandemic has ravaged the economy, but U.S. homeowners with mortgages have seen their equity increase by $17,000 on average since the third quarter of 2019, or 10.8% year over year, according to a new report by CoreLogic.