The median home sale price in November was $385,000, up 2.4% year-over-year, continuing a 10-month trend between $375,000 and $395,000. Nearly 65% of markets saw price increases, with the Midwest leading gains. Home affordability improved slightly due to income growth and lower mortgage rates. Inventory rose 17.9%, reaching the highest November level since 2015, helping buyers and sellers find common ground.
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