The numbers are in and 2021 marked a 39-year high in Inflation with a whopping 6.8% increase.
The housing market continued to climb due to a shortage of homes available for sale coupled with high demand. We saw an average year-over-year increase in sales price of 25.3%. That equates to an average sale price increase of $168,867 compared to just one year ago. The largest question remains: can we sustain this type of growth increase in both housing and the economy in general throughout 2022?
Read the full snapshot below: