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The conflict between the U.S. and Iran is driving mortgage rates up, adding hundreds of dollars a month in extra costs for prospective home buyers.
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Home sales dropped in June month over month as mortgage rates remain stubbornly high. Prices hit an all-time high.
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US home prices hit an all-time high as sales slow and mortgage rates rise AP NewsJune home sales disappoint as prices reach an all-time high CNBCUS NAR: EXISTING HOMES FOR SALE LISTED AVERAGE OF 28 DAYS IN JUNE VS. 29 DAYS IN MAY; 27 DAYS IN JUNE 2025 TradingViewUS Existing Home Sales Dip as Affordability Concerns Linger Bloomberg.com
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