Category: median house price

Median Price of American Homes Climbs Above $400,000 for the First Time

August 12, 2022
Business & Marketseconomyexisting home saleshigh inflationhousing affordabilityMarketsmedian house pricemortgage paymentsUSUS News
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The median price for a single-family existing-home has crossed the $400,000 mark for the first time ever, according to the National Association of Realtors (NAR). Existing single-family homes had a median price of $413,500 nationally in the second quarter of 2022, a 14.2 percent increase from a year ago, according to an Aug. 11 news…

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Australia’s National Median House Price Exceeds $1 Million

January 27, 2022
Australiaaustralian property marketBusiness & EconomyDomainmedian house priceWorld
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After a year of rapid growth, Australia’s national median house price has broken the $1 million (US$714,000) mark, according to Domain’s latest House Price Report. A house in Sydney at median price rose to $1.6 million over the year, the median house prices in Melbourne and Canberra have passed $1.1 million, and remaining capital cities…

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New Home Sales Drop 6.6 Percent, Median House Price Falls 5 Percent In June

July 26, 2021
economyHome salesmedian house priceUSUS News
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Sales of new homes fell for a third straight month in June, dropping by 6.6 percent to the lowest level in more than a year, while the median new house price fell by 5 percent month-over-month, according to a government report. A Commerce Department report (pdf) released Monday showed that new home sales fell to…

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