Median asking price dropped $3,000 in past week
Tagged: Home Prices
The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19
2024 sees highest median home price ever recorded for the month of April
High home prices and interest rates keep buyers and sellers stagnant, Redfin reports.
Rising inventory is driving up home prices and transaction activity in the Washington D.C. metro area.
Redfin report indicates monthly payment at all-time high of $2,894
California is home to 8 of the 10 most expensive markets in the U.S.
Meanwhile, Texas and Florida see slower home price appreciation due to inventory gains, CoreLogic reports.
Rising home prices and mortgage rates pushed monthly payments up 15% last month, year over year.
The latest CoreLogic S&P Case-Schiller Index shows home prices remain resilient amid higher borrowing costs.