Sunday, August 2, 2026
Science

Pandemic loan fraud pumped housing prices, research indicates

For Americans dreaming of owning a home, this decade has been brutal. From the end of 2019 to the end of 2022, the median sales price for homes sold in the U.S. soared 35%, according to the Federal Reserve Bank of St. Louis. It's dipped only slightly since then.

Pandemic loan fraud pumped housing prices, research indicates
Image: Phys.org
For Americans dreaming of owning a home, this decade has been brutal. From the end of 2019 to the end of 2022, the median sales price for homes sold in the U.S. soared 35%, according to the Federal Reserve Bank of St. Louis. It's dipped only slightly since then.

Originally published at Phys.org

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