Feb
10

Home Prices Climbed in 81% of U.S. Metro Areas, Realtors Say

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  • Gains accelerated in fourth quarter, even as sales slowed
  • Thirty markets measured had price increases of 10% or more

Home prices rose in 81 percent of U.S. metropolitan areas in the fourth quarter, with the pace of gains accelerating even as sales slowed from earlier in the year, the National Association of Realtors said.

The median price of an existing single-family home increased from a year earlier in 145 of the 179 markets measured, the group said in a report Wednesday. In the third quarter, 87 percent of metropolitan areas had price increases. Thirty regions had gains of 10 percent or more in the fourth quarter, up from 20 markets in the previous three months and 22 a year earlier…

Home Prices Climbed in 81% of U.S. Metro Areas, Realtors Say

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