Tag Archives: Metro Home-Price Growth Trend Continues

Metropolitan area median home prices continued to rise in the first quarter, with the national gain showing the best year-over-year performance in more than seven years, according to the latest quarterly report by the National Association of REALTORS®. A companion breakout of income requirements to purchase a median-priced home on a metro basis shows the typical buyer earns roughly double the income needed to buy a home in his or her area. The median existing single-family home price rose in 133 out of 150 metropolitan statistical areas (MSAs) based on […]