US Home Prices Hit Record Highs in 60 Percent of Key Markets

Home Prices Hit Record Highs In Most U.S. Housing Markets

A sign is posted in front of a home 'sale pending' in San Francisco, Calif., on May 11, 2023. Justin Sullivan/Getty Images

U.S. home prices jumped again, hitting new highs in key markets across the country, according to a new report.

Housing prices reached new peaks nationwide, as well as at the local levels, due a continued lack of inventory.