US home prices soared at the fastest rate since 2006 in February

A house's real estate for sale sign shows the home as being "Under Contract" in Washington, DC, November 19, 2020.
Saul Loeb/AFP/Getty Images
US home prices surged 10.4% year-over-year in February, the biggest such jump since 2006.
The market has been red hot during the pandemic, but affordability represents a new challenge.
Price growth will cool into 2022 as mortgage rates rise and price out more buyers, CoreLogic said.
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