Aug
10

Fewer Housing Markets in the U.S. Have Double-Digit Price Gains

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A man exits a model home at a development site in Albuquerque, New Mexico.

Photographer: Sergio Flores/Bloomberg

Fewer U.S. housing markets are seeing double-digit gains in prices as affordability becomes more of a challenge in some areas.

In the second quarter, prices rose 10 percent or more from a year earlier in 25 metropolitan areas, down from 28 markets in the first quarter and 34 in the second quarter of 2015, the National Association of Realtors said Wednesday…

Fewer Housing Markets in the U.S. Have Double-Digit Price Gains

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