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Third Quarter Metro Area Prices Soften but State Sales Broadly Rise

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WASHINGTON (November 9, 2011) – Metro area median existing-home prices in the third quarter generally were down from a year ago, while sales rose in every state from the third quarter of 2010, according to the latest quarterly report by the National Association of Realtors®.

The median existing single-family home price rose in 39 out of 150 metropolitan statistical areas1 (MSAs) in the third quarter from a year earlier; 111 areas showed price declines. In the second quarter, 41 metro areas… Read More

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