'Sign the Damn Bill!' Anger at Trump Grows as US Housing Prices Hit All-Time High

Key Points:

• The National Association of Realtors reported that the median sales price of existing homes in the US reached a record high of $440,600, highlighting the increasing cost of homeownership.
• Lawrence Yun, NAR's chief economist, emphasized that limited housing supply is a key factor driving up prices and stressed the need for more inventory to improve affordability.
• The bipartisan 21st Century ROAD to Housing Act, aimed at addressing the housing shortage by restricting Wall Street investors from buying single-family homes and streamlining regulations, remains unsigned by President Trump.
• President Trump is withholding his signature on the housing bill until it is paired with the SAVE America Act, a controversial voter suppression measure that currently lacks sufficient Congressional support.
• Senators Elizabeth Warren and Amy Klobuchar, along with Representative Chris Pappas, have publicly urged Trump to sign the housing legislation, citing widespread public support and the urgent need to make housing more affordable.