National Median Sales Price Reached Record High Of $419,300 In May
Existing-home sales slipped 0.7 percent in May to a seasonally adjusted annual rate of 4.11 million
Existing-home sales slipped 0.7 percent in May to a seasonally adjusted annual rate of 4.11 million
The top metros seeing massive changes were New York, Boston, Nashville and San Diego
The leading measure of U.S. home prices shows that all major metro markets reported month-over-month price increases in March
Home prices nationwide, including distressed sales, increased annually by 5.3 percent in March 2024
Sixty-three markets experienced double-digit annual price appreciation
San Diego continued to report the highest year-over-year increase
Baby boomers least likely to be able to afford to buy their own home today
San Diego reported the highest year-over-year gain, followed by Los Angeles and Detroit
Nationwide, the median home-sale price rose 5 percent year-over-year to $380,000, the biggest increase in 10 months
The national median single-family existing-home price declined 0.2 percent from one year ago to $371,200
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