Inflation may have slowed a little in July, but apparently home price appreciation didn't, according to the National Association of Realtors.

"Eighty percent of metro markets – 148 of 185 – saw double-digit annual price appreciation in median single-family existing-home sales prices (70% in the previous quarter)," they wrote. That's four in five, with the national median single-family existing home's price jumping 14.2% year over year, getting up to $413,500. Never before has the price topped $400,000 before.

And, as might be expected with the pricing increases, housing affordability fell even further than it previously had. With a 20% down payment, the mortgage payment was $1,841—50% higher than a year ago and almost a third larger than the first quarter. "Families typically spent 24.3% of their income on mortgage payments, up from 18.7% the prior quarter and 16.9% one year ago."