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Housing Prices Hit Record High | Salt Lake City News
U.S. home prices hit a record $446,000 in June — the 36th straight month of gains — fueled by tight supply, not just rising wages. A new bipartisan housing bill, signed into law without the President’s approval, aims to ease construction hurdles and curb big developers’ land grabs, targeting long-term affordability. Mortgage rates, which dipped below 6% earlier this year, now sit at 6.75%, influencing buyer decisions. Regional gaps remain stark: the West leads with median prices over $633,000, while the Midwest and South lag behind. Listen in comfort:Get a discount on a Soli Pillow…
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