The median U.S. home sale price rose for the ninth consecutive week, hitting an all-time high of $397,482 during the four weeks ending July 7. A Redfin report published on Thursday said the upward climb in median sales prices contrasts with weakening homebuyer demand and elevated mortgage rates—two factors that usually lead to softening home price growth.
Source: Inman News
Median sales prices rise for 9th week despite slowing demand
Published in buyer demand, home sales growth, homebuying, homeselling, Markets & Economy, median price growth, median sales price, Redfin and Select
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