It’s taken 11 years, but home prices have finally climbed back to pre-crash levels.
The median home price in the U.S. was $231,000 last month, according to a report from ATTOM Data Solutions (formerly RealtyTrac). That’s 9% higher than a year ago and 1% above the previous record of $228,000 hit in July 2005.
Median home prices have be rising on a national level every month for more than four years, and it’s created an affordability issue in many housing markets.
