HOUSING SHOCKER: Sales CRASH While Prices Hit Record High!
Did you know home sales are stuck in a four-year slump, yet median home prices just hit a new all-time high of over $440,000? Existing home sales dropped 2.4% in June, falling short of economic expectations as buyers and sellers grapple with volatile mortgage rates and persistent affordability challenges. Despite slight improvements over last year, many potential homeowners still find it incredibly difficult to enter the market. The housing market remains highly sensitive to even minor changes in rates, suggesting this tough environment could continue for some time. Learn more about these critical financial trends by subscribing to our channel today!
Tags/Hashtags: #affordability
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