marvin martian
Diamond Member
And their "solution" for this disaster is giving "free" money to people for a down payment, which will OF COURSE result in sellers increasing the sales prices by exactly that amount.
A five year old child can see the consequences of this stupidity, but the DNC cultists clap like trained seals and marvel at Kamala's "genius".
www.foxbusiness.com
Prices increased 5.4% nationally in June when compared with the previous year, the S&P CoreLogic Case-Shiller index showed on Tuesday, down from the 5.9% pace recorded the previous month.
On a monthly basis, prices climbed 0.2%, according to the index.
"The upward pressure on home prices is making this the most unaffordable housing market in history," said Lisa Sturtevant, Bright MLS chief economist. "First-time and moderate-income home buyers, in particular, increasingly are being left out of the housing market."
A five year old child can see the consequences of this stupidity, but the DNC cultists clap like trained seals and marvel at Kamala's "genius".
![badgrin :badgrin: :badgrin:](/styles/smilies/badgrin.gif)
![badgrin :badgrin: :badgrin:](/styles/smilies/badgrin.gif)
![badgrin :badgrin: :badgrin:](/styles/smilies/badgrin.gif)
![www.foxbusiness.com](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2024/08/0/0/inflation-7.jpg?ve=1&tl=1)
Home prices just smashed another record high in June
New data published by the S&P CoreLogic Case-Shiller index shows that home prices climbed to a new record high in June as the affordability crisis worsens.
Prices increased 5.4% nationally in June when compared with the previous year, the S&P CoreLogic Case-Shiller index showed on Tuesday, down from the 5.9% pace recorded the previous month.
On a monthly basis, prices climbed 0.2%, according to the index.
"The upward pressure on home prices is making this the most unaffordable housing market in history," said Lisa Sturtevant, Bright MLS chief economist. "First-time and moderate-income home buyers, in particular, increasingly are being left out of the housing market."