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The Independent UK
The Independent UK
National
Alex Veiga

US home prices hit an all-time high as sales slow and mortgage rates rise

Home Sales - (Copyright 2026 The Associated Press. All rights reserved)

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 prospective homebuyers' affordability challenges.

Existing home sales fell 2.4% last month from May to a seasonally adjusted annual rate of 4.09 million units, the National Association of Realtors said Thursday. Sales rose 2.8% compared with June last year.

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