WASHINGTON (August 10, 2011) – Median existing-home prices declined modestly in the second quarter with 27 percent of metropolitan areas experiencing price gains from a year ago, while state home sales declined from the second quarter of 2010, according to the latest quarterly report by the National Association of Realtors®.

The median existing single-family home price rose in 41 out of 151 metropolitan statistical areas¹ (MSAs) in the second quarter from the same… Read More