According to Reventure, the median sales price of homes in the United States has fallen for 4 months in a row.
However, even with this decline, prices are down only ~6% from their all-time high.
Currently, the median home in the United States sells for $425,000.
And this despite the fact that mortgage rates exceeded 8% for the first time in 23 years.
Housing affordability continues to deteriorate.
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