Home Prices Sustain Steady Growth in Most Metro Areas in Third Quarter

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WASHINGTON (November 12, 2015) — The encouraging lift–off in existing–home sales amidst ongoing inventory shortages kept home prices rising in most of the country during the third quarter, but overall price appreciation slowed to a healthier pace, according to the latest quarterly report by the National Association of Realtors®.

The median existing single–family home price increased in 87 percent of measured markets, with 154 out of 178 metropolitan statistical areas1 (MSAs… Read More

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