Home Prices Increase in 91 Percent of all U.S. Metro Areas in Q2
National Association of Realtors | August 08, 2019
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).