Posted inBUSINESS

US Home Prices Rise After 5 Months of Declines

US home buyers face rising prices as a new challenge alongside mortgage rates above 7%. After five months of declines, home prices are rebounding, impacting the housing market. The National Association of Realtors reported that the median existing home price in July was $406,700, up 1.9% from the previous year. Low inventory and high demand […]