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U.S. home prices hit record in May but Utah market makes it look like a steal

Posted on AllSides June 21st, 2024
From The Center

Homes and "for sale" signs are pictured in the Salt Lake Valley on Tuesday, June 18, 2024. The median existing U.S. home price hit $419,300 in May, the highest on record, according to a report from the National Association of Realtors. The median existing U.S. home price hit $419,300 in May, the highest on record, according to a Friday report from the National Association of Realtors. The median sales price across all types of housing jumped 5.8% from May 2023 and marks the 11th consecutive month of year-over-year price gains...

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https://deseret.com/business/2024/06/21/us-home-prices-hit-all-time-record-interest-rates-mortgage-utah

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