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Published 2 months ago

Utah home prices expected to stay high, for now

Summary by Ground News
Mortgage interest rates hit 7.79% in October of 2023, the highest level in 23 years. The rate dropped to 7.35% in November due to the softening labor market and slowing economy. The average median home price in Utah is $563,000, up by 6.0% year over year.

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Utah home prices expected to stay high, for now

Utah home prices are back up and so are interest rates -- and both are expected to stay high says a Utah real-estate expert.

2 months ago
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