U.S. home prices extend records, rising for a ninth straight month
Headline from Anchorage Daily News
Home prices in the U.S. rose for a ninth straight month, reaching a fresh record as buyers battled for a stubbornly tight supply of listings.
Anchorage Daily News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
U.S. home prices climbed to their highest point ever, the same month that featured nearly 8% mortgage rates, fueling home unaffordability for average Americans.
As mortgage rates lingered above 7% in October, reaching the highest levels in 23 years, historically low inventory continued to push up the price of a home.
Washington, DC (CNN) — US home prices continued to rise in October, hitting a new record high and marking the ninth-consecutive month of increases, according to
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U.S. home prices extend records, rising for a ninth straight month | Since Then