02/01/2020
🏠 US house price growth reached a near six-year low of 3.8% in November 2019, Zillow’s Real Estate Market Report has found. This is the lowest rate of growth since January 2013, and puts the average house price at $243,225. Breaking it down by area, Phoenix, AZ, saw the highest house price growth of 6.1%, followed by Columbus, OH (5.9%), and Indianapolis, IN (5.7%). San Jose, CA, saw a steep drop of -8.1% but prices still average at $1,163,434. Skylar Olsen, Zillow’s director of economic research, said: “As we approach the winter holidays, housing, too, is taking a breather...
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