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Home prices reach high numbers in first quarter of the year

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(KYMA, KECY/CNN) - Buying a home has gotten a lot more expensive, with costs going up by double digits in the last quarter of 2021.

The National Association of Realtors says median prices of homes have gone up 15% overall compared to the entirety of 2021.

The most expensive homes can be found in San Jose, California with numbers as high as $1.6 million, though prices should begin to go back to normal later in the year.

Article Topic Follows: Consumer

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Marcos Icahuate

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Jenny Day

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