Home prices surged in almost every corner of the U.S. in the second quarter as robust demand continued to overwhelm the supply of homes for sale. While the homebuying frenzy has shown signs of a slowdown in recent months, home-price growth has yet to cool. The median sales price for single-family existing homes was higher… Continue reading Home Prices Jumped Across the U.S. in Second Quarter
Tag: housing demand
U.S. Median Home Price Hit New High in June
Continued strong demand pushed the median U.S. home price to a record high in June, though the national house-buying frenzy cooled slightly as supply ticked higher. Existing-home sales rose 1.4% in June from the prior month to a seasonally adjusted annual rate of 5.86 million, the National Association of Realtors said Thursday. June sales rose… Continue reading U.S. Median Home Price Hit New High in June