Posted on 07/17/2026 9:18:05 AM PDT by Miami Rebel
U.S. home prices surged to an all-time high in June according to a National Association of Realtors (NAR) report released last Thursday.
The report found that the median existing home price in June reached $440,660, an increase of 1.8 percent year-over-year and a new high according to the NAR’s chief economist Lawrence Yun.
Housing sales declined to 2.4 percent month-over-month in June and 2.8 percent, seasonally adjusted, since June 2025. The NAR’s Housing Affordability Index is up 6.8 points since June 2025 at 102.3, signaling that home prices are more affordable relative to the median family income. Yet the index was down 2.8 points from May.
Home affordability has become a contentious issue as “affordability politics” dominates discussions leading up to the midterms. A Harris poll conducted with the Guardian earlier this month saw 45 percent of respondents share that they found trouble affording housing.
Congress recently passed the “21st Century Road to Housing Act,” which aims to loosen regulatory burdens on building and increase the supply of housing. President Donald Trump declined to sign the bill, letting it become law on Saturday following the 10-day window after being passed by Congress but not vetoed.
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CLEAN OUT THE ILLEGALS & THE PRESSURE GOES WITH THEM
CLEAN OUT THE ILLEGALS & THE PRESSURE GOES WITH THEM
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It won’t do anything for the current bloat in real estate pricing, which is a result of basically 60 years of inflationary monetary policy, plus global capital roaming around and looking for a great ROI, which historically is real estate.
Multiple banking outfits have put out research papers blaming immigration for high pricing, but the information they provide is pretty shallow from the ones I’ve read.
Also, if you look at past immigration waves in US history you won’t find huge real estate spikes during those times. Past information the current bankers didn’t provide in their “scapegoat reports” that they’re currently putting out.
The problem is an inflationary global spending & borrowing binge without any real deflationary pressure since the Great Depression.
This ridiculous idea that there is not enough land needs to be challenged. Here in California, where libs complain about lack of cheap land to build, there are thousands of acres of open land. Government no matter if local, state or federal own 3/4’s of the land. In some states, the government owns 95 percent of the land.
* 30+ Trillion Big Un-Beautiful Bill(s)Signed by Trump, (and his predecessors,) Bills. Starting with Mr.”read my lips”
* Everything is up, in this counterfeit economy.
* So called stock “market”. 40k, absolutely ridiculous.
* Wheelbarrow for tangible assets.
* And ⛽ 📈, Hormuz, deflection from the real cause: 30+ Trillion Dumping ✖️
If that includes interstates in Shreveport Louisiana. No.
My Jewish wife disagrees with you missy
We bought our house in 1997 when real estate was essentially flat lined. Yes, it is now worth over 5 times what we paid for it but if we sold it what would we do? It has been paid off for many many years. Wouldn’t benefit us at all to move.
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