Home Prices Record High
U.S. housing costs climbed to a record as sales cooled and mortgage rates rose.
July 9, 2026 · Updated Jul 9, 6:07pm ET
10%
Left · 1
50%
Center · 5
40%
Right · 4
Pano rates the coverage Balanced.
What happened
U.S. existing-home prices reached a record in June, with the median existing single-family home price rising 1.8% from a year earlier to $440,600, the 36th straight year-over-year increase. Existing-home sales fell 2.4% from May to a seasonally adjusted annual rate of 4.09 million units, though sales were 2.8% above June last year. The average 30-year fixed mortgage rate rose to 6.49% from 6.43% the prior week, while remaining below 6.72% a year earlier.





