A greater number of markets experienced double-digit annual price gains compared to the prior quarter, according to the National Association of Realtors’ (NAR) latest quarterly report.
According to NAR, 80 percent of the 185 tracked metro areas posted double-digit price gains, up from 70 percent in the first quarter of this year.
Nationally, the median single-family existing-home price surpassed $400,000 for the first time.
Read on for more details.
TO READ THE FULL STORY
Cover Story: