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Home Prices Hit an All-Time High of $370,000 in March, Realtor.com® Housing Report Shows


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SANTA CLARA, Calif., April 1, 2021 /PRNewswire/  Finding a home is only getting more difficult for this spring s home buyers who in addition to having more than 50% fewer homes to choose from are facing the double whammy of record-breaking prices and rising interest rates, according to the
®  Monthly Housing Trends Report released today. And while more choices and slowing price growth may come to those who wait, mortgage rates will likely continue to creep up.
In many areas of the country, there are half as many available homes for sale than a year ago and in some markets that number increases to less than one-third. For a buyer, that means if they had 10 homes in their price range to choose from last year, they have less than five, perhaps as few as three, available to them today, said realtor.com ....

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