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Related: About this forumU.S. Home Prices Hit Record in June for Second Consecutive Month
ECONOMY | HOUSING
U.S. Home Prices Hit Record in June for Second Consecutive Month
Home sales slowed again, ending a disappointing spring selling season
By Nicole Friedman
https://twitter.com/nicolefriedman
nicole.friedman@wsj.com
Updated July 23, 2024 10:21 am ET
Home prices hit a new high in June for the second straight month, the latest sign that the housing market is unaffordable to millions of Americans.
The spring home-buying season, usually the busiest time of year for the housing market, was a dud this year. Home sales declined in June for the fourth straight time on a monthly basis. The combination of high prices and elevated mortgage rates has made homeownership less attractive to renters and deterred current homeowners from moving.
{paywall}
U.S. Home Prices Hit Record in June for Second Consecutive Month
Home sales slowed again, ending a disappointing spring selling season
By Nicole Friedman
https://twitter.com/nicolefriedman
nicole.friedman@wsj.com
Updated July 23, 2024 10:21 am ET
Home prices hit a new high in June for the second straight month, the latest sign that the housing market is unaffordable to millions of Americans.
The spring home-buying season, usually the busiest time of year for the housing market, was a dud this year. Home sales declined in June for the fourth straight time on a monthly basis. The combination of high prices and elevated mortgage rates has made homeownership less attractive to renters and deterred current homeowners from moving.
{paywall}
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U.S. Home Prices Hit Record in June for Second Consecutive Month (Original Post)
mahatmakanejeeves
Jul 2024
OP
This is, IMO, part of why there maybe a lack of enthusiasm amoung young voters.
CentralMass
Jul 2024
#2
Marcus IM
(3,001 posts)1. Yay! Deregulated capitalism!
CentralMass
(15,567 posts)2. This is, IMO, part of why there maybe a lack of enthusiasm amoung young voters.
Last edited Tue Jul 23, 2024, 04:45 PM - Edit history (1)
Many are scraping buy paying rent and college loans with little hope of ever owning a home or making an income big enough to climb out of the hole
bucolic_frolic
(47,365 posts)3. That's called motivation! Incentive capitalism!