The American dream of homeownership continues to get more expensive. Buyers are paying more for single-family existing houses, according to the latest quarterly report from the National Association of Realtors, with home sales prices climbing in about 70% or 152 of 221 metro areas in this year’s first quarter. About one in 14 markets or 7% posted double-digit annual price appreciation of 18% in the prior quarter.

But because of previously higher prices, the median single-family existing-home price now declined 0.2% to $371,200, from a year ago. The higher interest rates have made the monthly mortgage payment go up to $1,859, which represents a 33.1% increase from a year ago, when buyers put down 20% of the selling price

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