US Home Prices Hit an All-Time High
In Late-Q2, the US median home-sale price reached $408.8K, ↑2.2% yearly, setting a record as strong high-income demand met a thinner supply of homes. Existing home sales were ↑4.2% yearly to a seasonally adjusted annual rate near 4.4M, while pending sales were ↑4.5%, signaling broader current US momentum. At the national level, gains were concentrated […]
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