Housing Prices Hit New Highs, But Show Signs of Deceleration

In May, U.S. housing prices hit an all-time high of $297,000 and sold faster than ever before—in just 55 days. But the market also showed hints of slowed momentum, according to Realtor.com’s May 2018 monthly housing trend report, with inventory declining 6 percent year over year in May and increasing 6 percent compared with April 2018. Median listing prices…

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