“The median California home is $100k higher than they were 4 months ago.”
Source: https://t.co/05dmw17NEg
— Genevieve Roch-Decter, CFA (@GRDecter) June 27, 2023
May new home sales surged +12.2% m/m vs. -1.2% est. & +3.5% prior (revised down from +4.1%)… median new home price -7.6% year/year to $416,300; average selling price at $487,300 pic.twitter.com/2NNF4UWeN5
— Liz Ann Sonders (@LizAnnSonders) June 27, 2023
Only 7% of American households earn $250,000 or more, per CNBC.
— unusual_whales (@unusual_whales) June 27, 2023