Home Prices in U.S. Reach New Record High in Mid-2019

ATTOM | August 01, 2019

According to ATTOM Data Solutions newly released Q2, 2019 U.S. Home Sales Report, U.S. single family homes and condos sold for a median price of $266,000 in the second quarter, up 10.8 percent from the previous quarter and up 6.4 percent from a year ago reaching a new median home price peak.

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The 2015 Government’s ambition was to secure 1 million net additions to the housing stock by the end of the Parliament which was expected to be in 2020. The Housing White Paper, Fixing our broken housing market (February 2017) described a number of initiatives which aim to secure a step-change in housing supply. The current Conservative Government was elected in 2017 with a manifesto pledge to meet the 2015 commitment to deliver 1 million homes by the end of 2020 and to “deliver half a million more by the end of 2022.” The manifesto said that, if elected, the Government would deliver on the reforms proposed in the Housing White Paper.

Spotlight

The 2015 Government’s ambition was to secure 1 million net additions to the housing stock by the end of the Parliament which was expected to be in 2020. The Housing White Paper, Fixing our broken housing market (February 2017) described a number of initiatives which aim to secure a step-change in housing supply. The current Conservative Government was elected in 2017 with a manifesto pledge to meet the 2015 commitment to deliver 1 million homes by the end of 2020 and to “deliver half a million more by the end of 2022.” The manifesto said that, if elected, the Government would deliver on the reforms proposed in the Housing White Paper.

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