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U.S. home prices to keep racing ahead with risks to upside – Reuters poll

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Reuters

By Hari Kishan BENGALURU (Reuters) – U.S. house prices will continue to race ahead this year, at nearly twice the pace predicted just three months ago, according to a Reuters poll of analysts who said risks to that already upbeat outlook were skewed to the upside. A strong recovery so far from the pandemic, ultra-low interest rates, massive fiscal support and continued demand for more living space as millions continue to work from home will push house prices higher this year, they said. The S&P CoreLogic Case-Shiller 20-metro-area house price index has risen at a steady clip since the middle o…

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