There are no more low-priced homes
https://www.cnbc.com/2017/08/24/there-are-no-more-low-priced-homes.html
- Home prices are higher at virtually every price point, but the gains are biggest at the low end where demand is highest.
- The median price of a home sold in July hit $258,300, the highest July price on record, according to the National Association of Realtors.
- "On the lower end, there is virtually no property at a very low price level anymore," said Lawrence Yun, chief economist of the Realtors group.
https://www.cnbc.com/2017/08/24/there-are-no-more-low-priced-homes.html