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Housing market recession? Not likely. Prepare for hot post-pandemic prices
July 21, 2023 /
If the pandemic housing market was tough for buyers, the post-pandemic housing market might be even tougher.
The median existing-home price climbed for six-straight months in June to $410,200, the second-highest price of all time and down just 0.9% from the record-high of $413,800 in June 2022, according to data released Thursday by the National Association of Realtors.
Despite rising costs, 33% of homes on the market had multiple offers.
USA TODAY
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