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International Business Times UK
International Business Times UK
World
Chelsie Napiza

Home Prices Reach Highest Level In American History As Trump Declares 'Unimportance' Of Affordability Bill

US home prices hit a record high as President Donald Trump dismissed the bipartisan housing affordability bill as 'a yawn' before allowing it to become law without his signature. (Credit: Rick Obst/Wikimedia Commons)

US home prices have reached a record high as President Donald Trump has continued to downplay a bipartisan housing affordability bill awaiting enactment.

The median price of an existing US home climbed to £329,000 ($440,660) in June, an all-time record, just as President Donald Trump dismissed the bipartisan 21st Century ROAD to Housing Act as 'so unimportant' and 'a yawn' compared with his stalled voter identification bill. His refusal to sign the affordability package culminated on Friday, 10 July, when he announced he would let it become law without his signature 'in protest' over the Senate's failure to pass the SAVE America Act.

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