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Housing market proves difficult to navigate for first-time home buyers

Home prices are still high during the pandemic — up 13.3% from a year ago. This time supply is to blame with housing inventory still low.

In September, median home prices for existing homes climbed to $352,800. Newcomers are struggling to find lower-priced homes.

Here & Now‘s Scott Tong gets the latest with Jill Schlesinger, CBS News business analyst and host of “Jill on Money.”

This article was originally published on WBUR.org.

Copyright 2021 NPR. To see more, visit https://www.npr.org.