Murray
REAL ESTATE
Utah's housing costs keep climbing
Data: FHFA; Map: Axios VisualsUtah home prices show no signs of slowing, despite mortgage rates hovering near 7%, per the latest data from the Federal Housing Finance Agency.Why it matters: That's good news if you own your home, and tough if you're a would-be buyer.Zoom in: Home prices in the Salt Lake metro have seen a 5.4% year-over-year increase and have risen 2.2% since the last quarter, per FHFA. Statewide, homes saw a nearly 6% increase since this time last year.Homes in Salt Lake City in April sold for a median price of $575,000, per Redfin.State of play: Home buying...
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