REALTORmag
Home prices posted a strong growth in closing out the final quarter of 2015, despite a moderating pace of sales, according to a new quarterly report released by the National Association of REALTORS® this week.
NAR reports that the median existing single-family home price rose in 81 percent – or 145 out of 179 metro area – of the markets tracked. Thirty metro areas – or 17 percent – posted double-digit price increases in the fourth quarter of 2015, which trumps the 12 percent of markets that saw double-digit increases in the fourth quarter of 2014.
