Case-Shiller Home Prices Jump Driven By West Coast Chinese Buyers

US Home prices rose 5.75% YoY according to Case-Shiller (the fastest rate since July 2014) as it appears the Chinese buyers are migrating south (or at least their money is) from Canada with Portland, Seattle, and San Francisco reported the highest year-over-year gains among the 20 cities with another month of double digit annual price increases. Home prices continue to climb at more than twice the rate of inflation amid a supply shortage as West Coast property markets become “Vancouvered.”

Could it also be coming to the Inland Empire? I think it will…

read more



Agent

Crown Real Estate

Crown Real Estate

01005140

Phone(951) 479-8190