- Home prices continued their rise and set a new high in June. The median price of an existing home increased 4.1% to $426,900.
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- June's existing home sales were down, marking the slowest pace since December. Inventory jumped 23.4% from a year ago to a 4.1-month supply.
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- New home sales also fell last month, hitting a 7-month low. Pundits blame the ongoing challenges from higher mortgage rates and home prices.
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