Home prices just hit a record high. Here are 4 things to know about housing

June 22, 2024
Home prices hit a record high in May even as home sales fell. High interest rates are keeping many would-be buyers and sellers on the sidelines.

The housing market continues to be impacted by high mortgage rates. That's reducing the supply of available housing, sending home prices to an all-time high.

(Image credit: Brandon Bell)



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