(Salt Lake City, UT) — Utah’s fall housing market in 2024 showed growth, with a 1-point-6-percent increase in home prices and a 12-point-5-percent rise in sales compared to last year. The median home price was 553-thousand-dollars. In Salt Lake City, prices surged 7-point-3 percent to an average of 550-thousand-dollars, though […]
(Salt Lake City, UT) — A new report from the Kem C. Gardner Policy Institute is revealing that more than half of Utah households can’t afford the state’s median home price. Researchers say the report confirms that Utah is in the midst of a housing shortage, which occurs when the […]
SALT LAKE CITY (AP) — Officials have approved a proposal for nearly 8,800 new houses and apartments southwest of Salt Lake City despite opposition from city leaders in the area. The Salt Lake Tribune reports the Salt Lake County Council approved a zoning change Tuesday allowing the Olympia project to proceed. Project […]
ST. GEORGE, Utah (AP) — A study indicates the demand for Utah housing is exceeding the supply, resulting in rising prices that could affect some households more than others. The Spectrum reports the University of Utah study made public Tuesday has found that the increase of housing prices is outpacing wage growth, […]
