Housing Supply Crunch Accelerates Metro Home Price Growth during Third Quarter

WASHINGTON (November 3, 2016) — Persistent supply shortages throughout the country led to slightly faster home price appreciation during the third quarter, according to the latest quarterly report by the National Association of Realtors®. The report also revealed that seven of the 10 most expensive housing markets in the U.S. are in the West, including San Jose, California, which had a median single-family home price of $1 million for the second straight quarter. The median existing single-family home... Read More...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://ift.tt/2f5g68g
via IFTTT