Home Prices Under Biden Reaches New Milestone

Home for Sale

Home prices hit a record high in May despite falling demand and sales activity, The Wall Street Journal reported on Friday.

The national median home price in the United States is now $419,300, a 5.8% increase from a year earlier and a new record high, according to the The Wall Street Journal. The record high comes as homeowners remain unwilling to list due to high mortgage rates.

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