NPR, June 22, 2024, Home Prices Just Hit A Record High. Here Are 4 Things To Know About Housing
It’s a tough time to buy a home.
Home prices jumped to a record high last month, according to data out this week. Elevated mortgage rates kept many would-be buyers and sellers on the sidelines — and the lack of homes for sale is driving up prices for homes that are on the market.
Here are four things to know about the current housing market.