Unbiased AI-powered news
@KobeissiLetter reported the U.S. median home sales price reached $424,900 in May after a one-month gain of $8,400. The two-month increase of $31,800 was the largest in four years.
forbes.comThe U.S. median home sales price rose $8,400 in May to $424,900, @KobeissiLetter reported. The figure marked the second-highest level since January 2025. Over the two months ending in May the median price increased $31,800, the largest such gain in four years.
The average home sales price climbed $39,200 in the same month to $540,600, the second-highest level on record. The gap between the median and average prices widened to $115,700, or 27 percent. In May 2022 the gap stood at $79,500, or 19 percent.
A growing share of home sales is concentrated among the most expensive properties, lifting the average price faster than the median, the report stated.
Single source — no framing comparison available.
ForbesRafael Fiziev stopped Manuel Torres with a second-round wheel kick and punches at the National Gymnastics Arena. Nine of the thirteen bouts ended inside the distance, with four fighters earning $100,000 performance bonuses.
en.globes.co.ilLebanon and Israel signed a U.S.-brokered framework agreement on June 26 that outlines steps for Israeli forces to leave southern Lebanon in stages. The deal gives the Lebanese army control of pilot zones where it must disarm Hezbollah before reconstruction begins.
The equal-weighted S&P 500 outperformed its capitalization-weighted counterpart this week by the largest margin in six years. The move coincided with investor rotation away from leading technology stocks.