Daily Market Updates: June home sales fall as prices hit another record high

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June home sales fall as prices hit another record high

The median existing home sales price rose to a record $440,600 in June, extending year-over-year gains for 36 straight months.

Reported · Written up by our desk · Residential

Home sales declined in June month over month, as mortgage rates remained stubbornly high, according to CNBC Markets and CNBC Real Estate.

HousingWire reports the median sales price for existing homes climbed to a record $440,600, up 1.8% year over year and the 36th consecutive month of price increases.

Sources

CNBC MarketsJune home sales disappoint as prices reach an all-time high

HousingWireExisting home sales decline in June as prices reach another record high

CNBC Real EstateJune home sales disappoint as prices reach an all-time high

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June home sales fall as prices hit another record high

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