Metro price Archive

INFOGRAPHIC: 4th Quarter 2013 Metro Area Home Prices and Affordability

Last week, NAR released its latest quarterly metropolitan price and affordability figures. The lion’s share of metropolitan areas continued to experience strong year-over-year price growth in the fourth quarter. A companion metro area annual affordability report shows less favorable...

Largest Improvements and Declines in Median Price

The strongest improvements in median sale prices over the four-quarter period ending in June of 2013 were dominated by markets from the Sun Belt and Atlanta. These markets experienced some of the largest price declines following the subprime bust...

Top 10 Cities by Median Price Change

Strong sales growth this spring whittled down inventories resulting in rising prices in a majority of markets. Of the 146 markets reporting data in the first quarter, 109 or 75% reported an increase in the median home price compared...

Major Metro Areas with Affordable Home Prices

The following table shows the top 10 metro areas with more than 1 million households [1] that require the least amount of income to purchase a typically priced home [2]. Detroit is number one on the list, while Chicago rounds out...

Local Market Reports: Median Price

Sub-4% mortgage rates and five years of flat or falling home prices have driven affordability conditions to record highs. Combined with improving consumer confidence and a warm spring, sales surged in the 1st quarter posting the strongest 1st quarter...