Wall Street Thinks U.S. Homes Are Too Expensive

Finally, Main Street consumers and Wall Street investors in single-family home REITs have come to a meeting of the minds — single-family homes are far too expensive.

The average sales price for homes in the U.S. was $502,200 in the third quarter of 2024. That’s up 31.2% from $382,700 in the same period in 2019.