Home values in the United States increased last month, and prices are expected to continue rising next year amid high mortgage rates, according to the real estate brokerage Redfin.
“U.S. home prices grew 0.5% from a month earlier in November on a seasonally adjusted basis, the third consecutive month with a 0.5% increase,” the company said in a Dec. 24 report. Out of the 50 most populous metro areas in the country, home prices rose in 37 of them.
