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US home prices hit record high
Home prices skyrocketed across the country during the COVID-19 pandemic.

6.21.25
House prices in the United States have hit a record high, according to real estate company Redfin. The median U.S. home-sale price reached a new record of $396,500 during the four weeks ending June 15, according to a report from real estate brokerage Redfin. This is a 1 percent increase compared to the same time last year, even though overall activity in the housing market remains low. Home-sale prices usually peak in June or July, but this year's market is much less competitive than in recent years, Redfin says. The total number of homes for sale has increased 14.5 percent from a year ago, and new listings are up 4.4 percent. However, demand is falling: pending sales are down 1.5 percent compared to last year, and mortgage-purchase applications dropped 3 percent just last week. Meanwhile, the median monthly housing payment is close to record levels, only $53 less than its highest ever, showing that many buyers still face big challenges affording a home.
Instead of addressing significant housing problems here at home, Trump is busy warmongering on Iran to help his buddy Netanyahu.
Huring the construction industry are ICE immigrant deportations, and Trump tariffs that affect the prices of Canadian lumber, copper, gypsum, aluminum, iron and steel.
Trump’s First 100 Days in Office Deliver Little Progress on Solving the Housing Crisis