Home buyers on a budget may want to have a seat and take a few deep breaths. Home prices around the country are continuing to surge—and they’re not likely to slow down any time soon.
They shot up 6.6% year over year in December, according to CoreLogic‘s most recent Home Price Index and Home Price Forecast. (Prices barely rose from November, though—just 0.5%.) The real estate data company predicts prices will continue climbing, increasing an additional 4.3% by the end of 2018.
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