metro home prices Archive

Low Inventory Spurs Faster Price Growth in First Quarter

It’s no surprise today’s first quarter metro price report revealed that prices accelerated for the third straight quarter. That’s what happens when sales are strong and inventories remain near record lows. What is amazing is just how fast some metro...

Recap: Metro Home Prices Continue Ascent in Second Quarter

$1,085,000. That was the eye-grabbing, milestone figure highlighted in today’s NAR research release of second quarter metro home prices. For the first time ever, a metro area – San Jose, California – had a median single-family home price above $1...

Inside the Release: Home Prices on the Rise

We reported earlier this morning that home prices in metro areas throughout the country showed strong growth in the first three months of this year. While the number of rising markets was mostly unchanged from last quarter (Q4 2014),...