CNN Early Start With Christine Romans and Laura Jarrett December 23, 2021 10:51:00
The u.s. housing market is booming. homes sold in november at their fastist pace in ten months. sales on track for the best year since 2006 driven by strong job market and byers rushing to take advantage of low interest rates. meanwhile, home prices soaring here. that's pushing the share of first-time byers in the market to historic lowes. you just priced out. one reason the median price is rising is the homes sold are more expensive. sales of homes priced over a million dollars are up 50% over last year, over a million. sales between $250,000 were down 12% because, flankly, inventory there is...