Metro Home Prices Jump 4 Percent in 2018’s Fourth Quarter
WASHINGTON/ February 12, 2019 (STL.News)
Inventory increased and metro market prices rose at a slower pace in the fourth quarter of 2018, according to the latest quarterly report by the National Association of Realtors®. The national median existing single-family home price in the quarter was $257,600, up 4.0 percent from the fourth quarter of 2017 ($247,800).
Single-family home prices increased in 92 percent of measured markets last quarter, with 163 out of 178 metropolitan statistical areas1 (MSAs) showing sales price gains in the fourth quarter compared to a year ago.