Reported about 2 months ago
In June, US home prices soared to a record high, with the S&P CoreLogic Case-Shiller National Home Price Index rising 0.2% month-over-month, marking the fifth consecutive monthly increase. The annual price increase was 5.4%, slightly lower than the previous month. Notably, inflation continues to impact housing prices, with affordability remaining a challenge for many families. As mortgage rates decline, economists anticipate a potential boost in home sales and a moderation in price growth.
Source: YAHOO