Significant Statistics | 2020 a standout year for home sale price escalation
Written by: Christopher Collard
Utah Foundation’s 2020 Utah Priorities Project found that housing affordability is a top issue to Utah voters. This is due in part to increasing housing prices. Based on data collected by Redfin (a real estate brokerage that publishes national housing data), Utah’s housing prices skyrocketed in 2020. (See Figure 1.) A study by bankrate.com found that over the course of 2020, Utah’s home home values increased by 15.4 percent, which was the third-highest increase among … Continued