 Home prices set another record last month. According to the Case-Shiller National Home Price Index, home prices rose 6.3% in April year over year. Home prices are now 47% higher than they were in early 2020, with the median sale price five times the median household income. For renters, prices are 26% higher than they were in 2020. Half of all renting households spent more than 30% of their income on housing. 12 million of those households spend more than half their income on rent.