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The Independent UK
The Independent UK
National
Mike Bedigan and Alicja Hagopian

The five states where house prices are rising fastest - and the one area where they’re falling

Getty Images/iStockphoto

Out of all 50 states, Vermont house prices soared the highest with new data revealing they jumped 12.8 percent in the last year — nearly double the national average.

According to the Federal Housing Finance Agency (FHFA), house prices across the US rose by an average of 6.6 per cent between Q1 of last year and this year, despite stubbornly high national mortgage rates, and continued fallout from the Covid-19 pandemic. Since the start of the year, house prices have increased 1.1 percent.

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