Metro Home Prices Maintain Steadfast Growth in First Quarter
Homendo Editorial Team
May 11, 2016 • Forensic Industry Report
The median existing single-family home price increased in 87% of measured markets, with 154 out of 178 metropolitan statistical areas (MSAs) showing gains based on closed sales in the first quarter compared with the first quarter of 2015. Twenty-four areas (13%) recorded lower median prices from a year earlier. There were more rising markets in the first quarter compared to the fourth quarter of 2015, when price gains were recorded in 81% of metro areas.
#home
#sales
#may
#realtor
#housing
#trends