Milwaukee and Hartford lead in home price growth, Lance Lambert notes

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11 hours ago

Milwaukee and Hartford lead in home price growth, Lance Lambert notes — Milwaukee, Hartford lead home price gains

Lance Lambert reports that among America’s 50 largest metro areas, Milwaukee, Wisconsin, and Hartford, Connecticut, recorded the highest year-over-year home price gains, both rising by 5.1 percent. Buffalo, New York, followed with a 4.6 percent increase.

Conversely, Austin, Texas, saw the largest decline in home prices, dropping 5.7 percent year over year. Las Vegas, Nevada, and Dallas, Texas, also experienced significant decreases, falling 3.2 percent and 3.0 percent, respectively. The analysis is sourced from ResiClub.

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Lambert previously reported on Berkshire Hathaway’s agreement to acquire Taylor Morrison, a leading U.S. homebuilder, in an $8.5 billion deal earlier this year. He also covered Invitation Homes’ statement that the slowdown in build-to-rent deals is linked to the high cost of capital in a separate report. These developments have added context to recent discussions of U.S. housing market trends.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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