IllustrativeUS home prices hit an all-time high as sales slow and mortgage rates rise
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
US home prices have reached an all-time high, with some reports indicating that this milestone was achieved in June. At the same time, home sales have slowed, with some outlets noting that June sales were disappointing. Mortgage rates are also reported to be rising, although not all outlets mention this factor in relation to the slowing sales and record-high prices.
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