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HOMZ - U.S. New Home Sale Prices Reach New Highs Affordability Continues To Fall
Hoya Capital Housing
Both median and average new home sale prices set new all-time records in May 2021.
The initial estimates of median new home sale prices reached $374,400, while average new home prices reached $430,600.
Though new home prices continued to rise, May 2021 saw median household income in the U.S. rise outside the very narrow range in which it fell in the preceding year from April 2020 through April 2021.