2 Matching Annotations
  1. Sep 2020
  2. Jul 2019
    1. Statewide home values climbed 14 percent over the past year, nearly double the growth rate of U.S. home rates at 8 percent, according to real estate website Zillow. Utah’s household income is rising at 0.4 percent annually, while housing prices are increasing much faster at 3.3 percent, according to the University of Utah’s Kem C. Gardner Policy Institute

      Surge in demand leads to competition. Prices remain soaring high while income growth falls far behind.