BREAKING: US home prices rose 0.3% month-over-month in October and hit another all-time high.

This marks the 17th consecutive month of record prices.

Over the last 3 months, the national home price index jumped at an annualized rate of 3.5%.

Home prices are now 53% in 5 years and are a whopping 142% higher since 2012.

This is all despite soaring 30-year fixed mortgage rates which are back above 7%.

US housing affordability is still getting worse.