NAR: As housing inventory grows home prices rise at healthy pace
National Association of Realtors | February 12, 2019
The national median existing single-family home price increased 4% annually to $257,600 in the fourth quarter, according to the latest quarterly report from the National Association of Realtors. Notably, this is moderately down from the annual increase of 4.8% in the third quarter of 2018. Home prices increased all across the country, rising in 92% of measured markets in the fourth quarter, or 163 out of 178 metropolitan areas. About 8% of metros, 14 areas, saw price increases in the double digits. This is down from 10% of metros in the third quarter.