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".




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."