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US home prices hit an all-time high as sales slow and mortgage rates rise
By AP via Scripps News Group at WXYZ Channel 7 (ABC Detroit) - News
· July 9, 2026
· 4 min read
Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to affordability challenges for prospective homebuyers.Existing home sales fell 2.4% last month from May to a seasonally adjusted annual rate of 4.09 million units, the Nat...
Key takeaway 09 million units, the National Association of Realtors said Thursday.
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Category: local ·
Published: July 9, 2026 ·
Source: WXYZ Channel 7 (ABC Detroit) - News ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? Sales of previously occupied U.S. homes slowed in June, but a key measure of home prices climbed to an all-time high, adding to affordability challenges for prospective homebuyers.Existing home sales fell 2.4% last month from May to a seasonally adjusted annual rate of 4.09 million units, the Nat...
When was this published? This article was first published on July 9, 2026 by WXYZ Channel 7 (ABC Detroit) - News and curated for The Detroit readers.
Who reported this story? This story was reported by AP via Scripps News Group at WXYZ Channel 7 (ABC Detroit) - News. To learn more about how The Detroit selects and reviews stories, see our editorial standards .
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