Originally published in May and August 2012
Each quarter the National Association of Realtors releases quarterly home price data by metropolitan area. Home buyers in the United States got a break in the first quarter of 2012 as prices of existing single-family homes fell 2.8%, from the previous quarter, to $158,100. According to the National Association of Realtors, that was a 0.4% decline in the median home price from a year ago.
Median home prices increased 14.4% in the second quarter compared with the previous quarter, according to the National Association of Realtors. And, the median existing single-family home price rose in 110 out of 147 metropolitan statistical areas.
Also included in the report is a look at the rise in second-home sales and the National Association of Home Builders Improving Market Index for August.
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