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Housing Prices Hit All-Time High | Wilmington News
Home prices hit an all-time high in June, soaring to $446,600 — a 36-month climb that’s making homeownership increasingly unaffordable. With wages lagging behind, even starter homes now demand a $117,000 annual income. While pandemic-era low rates fueled the surge, rising mortgage rates haven’t brought prices down — just slower sales. A bipartisan housing bill aimed at boosting supply and curbing investor speculation sits stalled, pending approval of another measure. For now, the dream of owning a home remains out of reach for millions. Listen in comfort:Get a discount on a Soli Pillow…
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