Soaring Home Values Reminiscent Of Recovery From Recession: Zillow

The typical home value rose to $259,906 in September, a remarkable growth rate that includes the largest month-over-month increase in 15 years and the largest quarterly growth in seven years.

Home prices continued to rise at a rapid rate, climbing at levels not seen since the recovery from the housing crash and Great Recession, according to a study released Friday by Zillow.

The typical home value rose to $259,906 in September, a remarkable growth rate that includes the largest month-over-month increase in 15 years, the largest quarterly growth seen in seven years and annual growth at the highest rate in nearly two years, according to the study. Even the rate of price acceleration is growing more quickly than at any time in the past six years, according to Zillow Chief Economist Jeff Tucker.

Jeff Tucker | Photo credit: Zillow

“Home values are accelerating more quickly than any time since 2014,

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