The National Association of REALTORS® reports that nearly 90% of metro areas saw home price growth in Q4 2024, with the national median price rising 4.8% year over year to $410,100.
Black Knight’s May Mortgage Monitor report shows a new record high for home prices after five consecutive monthly home price gains, reversing the previous year’s pullback. Home prices climbed in 27 of the 50 largest metros with the biggest increase in Hartford, CT.
Home price gains slowed to the lowest rate on record according to Realtor.com’s May Housing Report. RDC’s records go back to 2016. Supply growth is still slowing and inventory levels are declining in many U.S. metros as fewer sellers enter the market.
The latest quarterly report from the National Association of REALTORS® (NAR) shows nearly seven out of 10 (152 of 221) U.S. metros saw home price gains in Q1 2023 as 30-year fixed mortgage rates hovered between 6.1% and 6.7%.
NAR’s latest quarterly report shows nearly 9 in 10 metro areas experienced home price gains in the fourth quarter of 2022.
The National Association of REALTORS®’ second quarter report shows double-digit price gains in 80% of metro markets. Learn which markets had the most growth.
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