![US home prices stayed near record high in June. Pictured is a home for sale in Morgan Hill, California, in 2022.
US home prices stayed near record high in June. Pictured is a home for sale in Morgan Hill, California, in 2022.](https://www.pressenterprise.com/wp-content/uploads/2023/07/US_home_prices_stay_near_record_high_even_as_sales_drop_in_June1.jpg?w=525)
Homeowners are refusing to sell and hunkering down with their ultra-low mortgage rates.
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Originally Published:
Homeowners are refusing to sell and hunkering down with their ultra-low mortgage rates.