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US home prices hit an all-time high as sales slow and mortgage rates rise
U.S. home prices have soared to a record high, even as sales slow down. June saw a 2.4% drop in existing home sales, with the median price hitting $440,600, posing affordability challenges for many buyers.
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U.S. home prices have soared to a record high, even as sales slow down. June saw a 2.4% drop in existing home sales, with the median price hitting $440,600, posing affordability challenges for many buyers.
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#news #realestate #housingmarket #mortgage #affordability
Originally reported by AP News.
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