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US home prices hit an all-time high as sales slow and mortgage rates rise
Summary by Terrell Hills News Editorial Desk Alex Veiga, Associated Press , as published by KSAT 12 (ABC affiliate) — San Antonio
· July 9, 2026
· 1 min read
Photo: KSAT 12 (ABC affiliate) — San Antonio · view original
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Summary created by Terrell Hills News Editorial Desk — automated, rule-governed Byline on source page Alex Veiga, Associated Press, as published by KSAT 12 (ABC affiliate) — San Antonio Original story Read at the source Source published Jul 9, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points According to the National Association of Realtors, sales fell 2. 4% in June compared to the previous month.
US home prices have reached a new high, while sales of existing homes have slowed. According to the National Association of Realtors, sales fell 2.4% in June compared to the previous month.
This decline comes as mortgage rates have been trending higher, contributing to sluggish sales. The current pace of home sales is around 4 million units per year, which is below the historic norm.
Further details on the current state of the US housing market are available from the National Association of Realtors and other sources, including the full report on June's sales figures.
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KSAT 12 (ABC affiliate) — San Antonio reported and published this story. Terrell Hills News selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by KSAT 12 (ABC affiliate) — San Antonio . Terrell Hills News selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: News Published: July 9, 2026 Source: KSAT 12 (ABC affiliate) — San Antonio Reading time: 1 min
Frequently asked about this story
What is this story about? US home prices have reached a new high, while sales of existing homes have slowed. According to the National Association of Realtors, sales fell 2.4% in June compared to the previous month. This…
When was this published? This article was first published on July 9, 2026 by KSAT 12 (ABC affiliate) — San Antonio and curated for Terrell Hills News readers.
Who reported this story? This story was reported by Alex Veiga, Associated Press at KSAT 12 (ABC affiliate) — San Antonio. To learn more about how Terrell Hills News selects and reviews stories, see our editorial standards .
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