According to the RE/MAX 2022 Housing Outlook report, housing prices in Niagara are forecast to rise 14 percent next year, with the average home price above $786,000. The FHFA House Price Index (FHFA HPI®) is an indicator for typical house price inflation in the United States. It is a broad measure of the movement of single-family house prices at various geographic levels. It indicates that home prices increased by 19.1 percent in the Denver-Aurora-Lakewood Metropolitan Statistical Area over the past year. Prices also rose 3.4 percent over the last quarter (as of 2021 Q3). x201C;Surging oil and gas prices are one immediate consequence, meaning that inflation in the UK x2013; already at a 30-year peak x2013; will remain higher for longer. This will add houses for sale in tiny to the squeeze on already stretched household incomes.