The national Zillow (Z) Home Value Index rose to $156,200 in November, up 0.6% from October and the 13th monthly increase in a row for national home values. The last time home values stood at $156,200 was May 2004. Home values were up 5.2% compared with last November, the largest annual gain since August 2006, when home values rose %6% year over year. And the good news is expected to carry into next year.
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Thanks to increases in home prices in 2019, the Federal Housing Administration loan limit will increase for nearly all of the country in 2020.
2019 has been a year of tremendous audience and product growth for HousingWire and we couldn’t be prouder. But we’re not ready to rest on our laurels. Far from it. In fact, 2020 promises to be an even bigger year for HousingWire.