NAR: ‘Sudden Price Appreciation is Impacting Affordability, Especially Among First-Time Buyers’
May 12, 2021WASHINGTON—Nearly every metro area tracked by the National Association of Realtors —99%— recorded year-over-year price increases in the first quarter of 2021, according to the latest quarterly report released by NAR yesterday. The 11 metro areas with the highest single-family home price increases saw median sales prices ranging from the $100,000s to $600,000s. Those cities…
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