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The Wall Street Journal: US Home Prices Hit a Record of $375,300 in March

The Wall Street Journal, April 20, 2022, U.S. Home Prices Hit a Record of $375,300 in March

U.S. home prices soared to a new record in March while mortgage rates continued to rise rapidly, slowing home sales in what has been the hottest housing market in more than 15 years.

Existing-home sales fell 2.7% last month from February, the National Association of Realtors said Wednesday. March sales fell 4.5% from a year earlier.

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