> Existing-home prices are on their seventh consecutive month of growth, […] Average U.S. existing home prices are up by nearly 6% year-to-date and 2.6% year-ov

> Existing-home prices are on their seventh consecutive month of growth, […] Average U.S. existing home prices are up by nearly 6% year-to-date and 2.6% year-over-year, which is “well above the median full calendar year increase” in more than three decades of data, […] > housing affordability has become abysmal for a large portion of millennials and other people of prime homebuying age, “sidelining potential buyers,” > a prospective homebuyer needs to make $114,627 to afford a home in today’s market, which is a 15% year-over-year increase and the highest annual income on record needed to comfortably buy a home. … yes, because slight more homes had to lower their price, the cracks are really showing. Were those home lowering to a price point still on a market price curve pointed squarely at the moon, or were these buyers trying to flip a home 2 months after buying it and doing 0 renovations (a listing I have seen more and more often recently) and hoping to get rich quick?