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2020 U.S. Home Prices: A Bright Spot in a Dark Year
January 20, 2021 GMT
Radian Home Price Index: 2020 - A Year in Review (Graphic: Business Wire)
PHILADELPHIA (BUSINESS WIRE) Jan 20, 2021
2020 will go down in the history books for many reasons, but one bright spot in a year of darkness is the performance of the U.S. residential real estate markets. December 2020, like much of the year, recorded very strong home price appreciation. According to Radian Home Price Index (HPI) data released today by Red Bell Real Estate, LLC, a Radian Group Inc. company (NYSE: RDN), home prices nationally rose from the end of November 2020 to the end of December 2020 at an annualized rate of 8.5 percent. The Radian HPI is the most comprehensive and timely measure of U.S. housing market prices and conditions.