• U.S. home prices rise at fastest pace since 2014

    3 days ago - By Finance Commerce

    U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates and Americans moving from crowded urban areas to houses in the suburbs.
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  • The elite's favorite status symbols have become way more expensive over the past 20 years

    3 days ago - By Business Insider

    The elite have turned towards investing in education and health as a means to flaunt their riches.
    AFP Contributor/Getty Images
    Services in health care and education have increased in price by over 100% in the past 20 years, per an AEI chart .
    Meanwhile, consumer goods like new cars, clothing, and TVs have become way more affordable.
    The split between the two mirrors the rise in discreet wealth , in which immaterial means have become status symbols.
    Visit the Business section of Insider for more stories .
    Showing off wealth is no longer the way to signify having wealth. Flashing a Louis...
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  • Case-Shiller: Home Price Increases Continued Through End of 2020

    3 days ago - By RIS Media

    In December, home prices saw an increase of 10.4%, up from 9.5% in November, according to the most recent S&P CoreLogic /Case-Shiller Indices. Year-over-year, the 10-City Composite increased 9.8%, while the 20-City Composite increased 10.1%.
    The following cities experienced the highest YoY gains: Phoenix , Seattle and San Diego. Regionally, prices were strongest in the West and Southwest , but gains were impressive in every region.
    The complete data for the 20 markets measured by S&P:
    Atlanta, Ga .
    December/November: 0.8%
    Year-Over-Year: 8.9%
    Boston...
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