U.S. Home Prices Climb as Inventory Hits Highest November Level Since 2015
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U.S. home prices rose 2.4% year-over-year in November, reaching a median sale price of $385,000, according to CoStar Group Inc.'s Homes.com report. The Midwest led in price appreciation, with cities like Cleveland and Cincinnati seeing gains up to 11.6%. Improved affordability and increased inventory are expected to boost homebuying activity, creating a more balanced market. Disclaimer: This AI-generated content is for informational purposes only and not financial advice.
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