U.S. Home Prices Accelerate As Housing Supply Tightens

In October, the average American home listing price climbed 4.3% year over year, reaching a high of $312,000, according to Realtor.com’s Housing Trend Report. The company indicates this growth is partially attributed to a decline in housing inventory, which resulted in heightened competition during the month.

3d rendering of a row of luxury townhouses along a street

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