The S&P CoreLogic Case-Shiller 20-city home price index, out Tuesday, climbed 18.4% in October from a year earlier.
The COVID-19 pandemic has driven many Americans, tired of being cooped up at home during lockdowns and office closures, to seek homes in suburban areas that provide more space and are not as congested as apartments in big cities.
“We have previously suggested that the strength in the U.S.
To keep up with home-buying demand, iBuyers — companies that use technology and real estate data to make an automated offer on a home — have introduced bots to the market as a fast, convenient way to sell.