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The median price of an existing single-family home surged by 22.9 percent in the second quarter of 2021 compared to the year-ago period, hitting an all-time high of $357,900, the NAR said in an Aug. 12 report.
The Labor Department stated in a report on Aug. 11 that the consumer price index (CPI) jumped 0.5 percent in July from June, which is less than the previous monthly increase of 0.9 percent.
In an earnings report released on Monday, the Mainz-based company said that it made a net profit of nearly $3.3 billion between April and June.
The dollar climbed against major currency pairs on Monday, briefly hitting a four-month high versus the euro.