![Rejoice. Despair. The Homes Keep Appreciating](https://i0.wp.com/heisenbergreport.com/wp-content/uploads/2023/08/UpArrowAug42023.jpg?fit=1152%2C681&ssl=1)
Rejoice. Despair. The Homes Keep Appreciating
Rejoice current US homeowners: Median home prices hit a new April record last month, near $408,000.
Despair would-be US homeowners: Median home prices hit a new April record last month, up near $408,000.
The latest NAR existing home sales report, released on Wednesday, found prices posting a 10th consecutive YoY gain. Property values rose nearly 6% from April of last year. The 5.7% 12-month increase counted as the briskest since October of 2022.
NAR chief economist Lawrence Yun celebrated t