Housing

NBC News - The average cost of keeping an American home cool from June to September is set to hit $719, nearly 8% higher than last year, according to new projections from groups that help people with energy costs. That level would be the highest in a decade, and a steep jump from the $573 average in 2021.

 AP News - Over the past five years, single-family home prices have risen about 54% nationally, according to S&P Dow Jones Indices. That means higher tax bills for homeowners when governments don’t offset higher real estate values by reducing tax rates. And with offices seeing higher vacancies as people still work from home after the coronavirus pandemic, some commercial property values are declining, putting even more pressure on residential properties to deliver revenues.