Poll question: Record home prices

The records just keep falling.

We're not talking about Olympic swimming. We're talking about home prices.

In the latest monthly existing home-sales report from the National Association of Realtors, the median home price was reported at an all-time hight of $426,900. That's 4.1 percent higher than last year's median price of $410,100.

The median price is right at the midpoint: half sold for more and half sold for less. The average price would be even higher, as astronomical prices at the high end of the market would elevate the figure.

“Even as the median home price reached a new record high, further large accelerations are unlikely,” Yun added. “Supply and demand dynamics are nearing a balanced market condition. The months supply of inventory reached its highest level in more than four years.”

So spoke the NAR.

Many others have spoken about the lack of housing affordability as a crisis and business headwind. Many others have equated high home prices as a key driver to investment and spending on the home.

Against that backdrop, here's this week's poll question: