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5 hours ago

New Jersey outpaces US housing market, tops nation in price growth

While the rest of the country grapples with a stalled housing market and high interest rates, New Jersey has emerged as the nation's top leader in home price growth.Driven by high-wage jobs and a Manhattan exodus, the state is outpacing the national average and outperforming former COVID-era hotspots like Florida.According to a recent report from Cotality, the Garden State isn’t just growing; it’s outpacing the field by a wide margin, with home prices climbing nearly 6% in February from the previous year. The U.S. national average growth during that same period was just 0.5%.A NEW ECONOMIC IRO...

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