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【World Property Journal】U.S. Home Prices Enjoy 3.9 Percent Increase in Q1

【World Property Journal】U.S. Home Prices Enjoy 3.9 Percent Increase in Q1

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According to the latest quarterly report by the National Association of Realtors, U.S. housing inventory increased and metro market prices rose in the first quarter of 2019, but at a slower pace than the previous 4th quarter of 2018. The national median existing single-family home price in the first quarter was $254,800, up 3.9% from the first quarter of 2018 ($245,300).

Single-family home prices increased in 86% of measured markets last quarter, with 153 of 178 metropolitan statistical areas1 showing sales price gains compared to the first quarter of a year ago. Thirteen metro areas (7%) experienced double-digit increases, down from 14 in 2018's fourth quarter.

 

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