Home Prices Increase in 91 Percent of all U.S. Metro Areas in Q2

National Association of Realtors | August 08, 2019

Home Prices Increase in 91 Percent of all U.S. Metro Areas in Q2
According to the National Association of Realtors, most metro U.S. areas saw price gains under marginal inventory growth in the second quarter of 2019. Single-family median home prices increased year-over-year in 91% of measured markets in the second quarter, with 162 of 178 metropolitan statistical areas showing sales price gains. That is up from the 86% share in the first quarter of 2019. The national median existing single-family home price in the second quarter was $279,600, up 4.3% from the second quarter of 2018 ($268,000).

Spotlight

Our first full year following the spin-off of the Performance Fibers business was marked with challenging market conditions. Housing starts grew at a slower than anticipated rate of 11%, thus further pushing out the anticipated recovery in log prices.

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Spotlight

Our first full year following the spin-off of the Performance Fibers business was marked with challenging market conditions. Housing starts grew at a slower than anticipated rate of 11%, thus further pushing out the anticipated recovery in log prices.