Home prices climbed 3.8% annually in November 2024
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Home prices reached another milestone in November 2024, climbing 3.8% according to the S&P Case-Shiller Home Price Index, marking the 18th consecutive record high. The National Association of Realtors (NAR) reports that home prices peaked in 2024 with a nationwide median price of $407,500.
Yahoo Finance reporter Dani Romero analyzes the persistent affordability challenges affecting potential homebuyers in today's housing market.
To watch more expert insights and analysis on the latest market action, check out more Wealth here.
This post was written by Angel Smith
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