U.S. home sale prices reach record of almost $400,000, report finds
U.S. home sale prices reach record of almost $400,000, report finds

Home sale prices are at a record high, but buyers are nevertheless paying below sellers’ asking prices, research shows.
Read the full article on CBS US
Truth Analysis
Analysis Summary:
The article's claim about home sale prices reaching a record near $400,000 is partially supported by available sources, although the exact figure and timeframe are not consistently verified. There is a slight slant towards highlighting the record high prices, potentially creating a negative perception for prospective buyers. Some claims lack sufficient verification from the provided sources.
Detailed Analysis:
- Claim 1:** U.S. home sale prices reach record of almost $400,000.
- Verification Source #1: States that in February, the median home sold for almost $364,000, a record at that time (March 3, 2022). This contradicts the claim of "almost $400,000" without specifying a date.
- Verification Source #3: Mentions a $400,000 loan example, but doesn't directly confirm the median home price.
- Verification Source #2: Mentions that the supply of homes for sale remained near record lows in early 2023, which indirectly supports the idea of high prices due to low supply.
- Verification Source #5: Is dated May 23, 2025 and is therefore not relevant to the time period of the article.
- Verification Source #4: Is not relevant to the time period of the article.
- Claim 2:** Buyers are nevertheless paying below sellers' asking prices.
- This claim is not directly addressed by any of the provided verification sources. Therefore, its accuracy cannot be determined based solely on these sources.
Supporting Evidence/Contradictions:
- Verification Source #1: Contradicts the specific price point of "almost $400,000" by stating the median home price in February was "almost $364,000".
- Verification Source #2: Supports the general idea of high prices due to low supply.
- Verification Source #3: Provides an example of a $400,000 loan, but doesn't confirm the median home price.
- Verification Source #4: Is not relevant.
- Verification Source #5: Is not relevant.
- The claim that buyers are paying below asking prices is not covered by any of the provided sources.