{"id":2754,"date":"2026-07-10T03:30:46","date_gmt":"2026-07-09T22:30:46","guid":{"rendered":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=2754"},"modified":"2026-07-10T03:30:46","modified_gmt":"2026-07-09T22:30:46","slug":"home-prices-across-the-u-s-hit-an-all-time-high","status":"publish","type":"post","link":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=2754","title":{"rendered":"Home prices across the U.S. hit an all-time high"},"content":{"rendered":"<p><script>\r\n  atOptions = {\r\n    'key' : '644b717812d811d6a1c1fc5b6ccd6fa6',\r\n    'format' : 'iframe',\r\n    'height' : 90,\r\n    'width' : 728,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highperformanceformat.com\/644b717812d811d6a1c1fc5b6ccd6fa6\/invoke.js\"><\/script>\r\n<br \/>\n<\/p>\n<div>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->With a landmark <a href=\"https:\/\/www.cbsnews.com\/news\/road-to-housing-act-home-prices-senate\/?ftag=YHF4eb9d17\" data-ylk=\"slk:housing%20affordability%20bill;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;housing affordability bill&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">housing affordability bill<\/a> in political limbo, U.S. home prices have hit an all-time high.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->The median price of existing homes in June was $440,660, up 1.8% from $432,700 a year ago, according to new <a href=\"https:\/\/www.nar.realtor\/newsroom\/nar-existing-home-sales-report-shows-2-4-decrease-in-june?ftag=YHF4eb9d17\" data-ylk=\"slk:data;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;data&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">data<\/a> from the National Association of Realtors (NAR). Home prices have risen for 36 straight months.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->&#8220;Housing affordability remains low under slowing wage growth and stronger home price growth,&#8221; Ershang Liang, an economist with PNC Economics Research, said in a report.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Some other highlights from NAR&#8217;s latest housing snapshot:<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Median price for existing single-family homes: $446,400Median price for condominiums and co-ops: $380,000Median price for single-family homes in the U.S. Northeast: $564,800Median price for single-family homes in the Midwest: $346,600Median price for single-family homes in the South: $377,700Median price for single-family homes in the West: $633,600<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->The latest data underscores the affordability crunch facing many homebuyers. Home prices have climbed for decades, with the only major drop coming during the epic housing crisis that triggered the 2008-09 financial crisis. But costs skyrocketed during the pandemic as the Federal Reserve slashed interest rates to support the economy.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Today, even modestly priced homes aimed at first-time buyers are beyond the reach of most Americans. Fewer than 4 in 10 non-homeowner households can afford a typical starter home <a href=\"https:\/\/finance.yahoo.com\/real-estate\/articles\/?ftag=YHF4eb9d17\" data-ylk=\"slk:priced%20around%20%24200%2C000;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;priced around $200,000&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">priced around $200,000<\/a>, according to LendingTree. Households need an annual i<a href=\"https:\/\/www.cbsnews.com\/news\/home-prices-income-needed-redfin-2026\/?ftag=YHF4eb9d17\" data-ylk=\"slk:ncome%20of%20roughly%20%24117%2C000;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;ncome of roughly $117,000&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">ncome of roughly $117,000<\/a> to afford the average home, real estate firm Redfin has found.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->&#8220;Without a doubt, the affordability is a major challenge for people who want to become homeowners, which is the reason why we need more supply,&#8221; Lawrence Yun, NAR&#8217;s chief economist, told the Associated Press.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->The housing market has tailed off since 2022, when mortgage rates began rising from pandemic-era lows. Sales of previously occupied homes were largely flat last year, stuck at a 30-year low. Through the first half of 2026, seasonally adjusted sales of existing properties were up only 0.7% from the year-ago period.<!-- HTML_TAG_END -->  <\/p>\n<h2 class=\"text text-block heading text-left neo-font-heading-lg  yf-18d6y07\" role=\"heading\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Bipartisan bill awaits Trump&#8217;s signature<!-- HTML_TAG_END -->  <\/h2>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->The latest uptick in residential real estate costs comes after lawmakers last month passed the <a href=\"https:\/\/www.cbsnews.com\/news\/road-to-housing-act-home-prices-senate\/?ftag=YHF4eb9d17\" data-ylk=\"slk:21st%20Century%20ROAD%20to%20Housing%20Act;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;21st Century ROAD to Housing Act&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">21st Century ROAD to Housing Act<\/a>. The legislation would implement a range of policies to lower home prices, including removing regulatory barriers to construction, restricting institutional investors from purchasing single-family homes and encouraging zoning reforms to accelerate homebuilding.<!-- HTML_TAG_END -->  <\/p>\n<\/p><\/div>\n<script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl30214220.effectivecpmnetwork.com\/9ab3d4df8a7e1a6171e16ddbf732cc19\/invoke.js\"><\/script>\r\n<div id=\"container-9ab3d4df8a7e1a6171e16ddbf732cc19\"><\/div>\r\n\n","protected":false},"excerpt":{"rendered":"<p>With a landmark housing affordability bill in political limbo, U.S. home prices have hit an all-time high. The median price of existing homes in June was $440,660, up 1.8% from $432,700 a year ago, according to new data from the National Association of Realtors (NAR). Home prices have risen for 36 straight months. &#8220;Housing affordability&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/lo\/mysterio\/api\/24FCF4033AA88CCC8DA24F8F3EF3B212DAD7FB5F28DE237DE40E105A97DE98FA\/subgraphmysterio\/resizefill_w1200_h800;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fcbs_news_897%2F59c68e6ad036d0182c19b3b16650a175","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-2754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-trending-viral-news"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/2754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2754"}],"version-history":[{"count":0,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/2754\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/media\/2755"}],"wp:attachment":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}