What happened to home prices in Q2 2026?

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In Q2 2026, home prices rose in 184 of 230 metro markets, with the national median price for single-family homes at $434,900, up 1.5% year-over-year. Prices increased in the Northeast, Midwest, and South but slightly dropped in the West. The South led sales growth due to job gains. Mortgage payments rose from last quarter but were lower than a year ago. Starter home prices and payments decreased year-over-year.

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