【NAR】Home Prices Increased in 71% of Metro Areas in First Quarter of 2026

WASHINGTON (May 5, 2026) – Home prices rose in 71% of metro markets (167 out of 235) during the first quarter of 2026, according to the National Association of REALTORS®’ latest quarterly report. This is down from 73% in the fourth quarter. Seven percent of metro areas (16 out of 235) recorded double-digit price gains, up from 5% last quarter. The report provides the real estate ecosystem—including agents and homebuyers and sellers—with quarterly metro-area data on median home prices and housing affordability.

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