CHART: Utah House Bubble 2.0?

November 29, 2016 Posted by: Jeremy Peterson

Is Utah’s housing market overheating?  Based on historical charts, it seems that it’s a good question to be asking right now.  In the third quarter of 2016 (ending September) house prices in the Ogden-Clearfield Metro Statistical Area increased 1.86% from the previous quarter.  They are up 7.66% over the past year and a whopping 26.4% from 5 years ago.  Certainly, it has been a great time to own real estate.  But how long can these month-over-month increases in property values continue?     The above chart shows an inflation adjusted […]

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Posted In: Research