Tue, 21-Oct-2025

US home prices top $400,000 for first time

US home prices

The median US home price surpasses $400,000 for the first time. Existing home sales decrease for the fourth consecutive month in May. Sales pace slowed to a seasonally adjusted annual rate of 5.41 million last month, which was 8.6 percent lower than May 2021. The median US home prices surpassed $400,000 for the first time, … Read more

Higher prices cooled US housing market in March

prices

Sales of existing US homes dropped for the second one directly month in March, an industry survey said Wednesday, a signal that higher mortgage prices and rising costs are taking the wind out of the booming area’s sails. Sales fell 2.7 percent ultimate month to a seasonally adjusted annualized fee of 5.77 million, which was … Read more