Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

High mortgage rates, high demand, high home prices

Jun 28, 2023
The Case-Shiller National Home Price Index rose half a percent in April — a third-straight monthly increase.
The spike in mortgage rates has encouraged a lot of would-be sellers to stay put, putting a further squeeze on the housing market.
Joe Raedle/Getty Images