Home Prices Rising in More Markets

Home prices are rising in more markets.

The recovery in real estate values is accelerating, as more and more markets post gains in median home sale prices, Robbie Whelan reported Feb. 11 in the Wall Street Journal.

The National Association of Realtors reported Monday that the U.S. median home price rose 10 percent to $178,900 between the fourth quarter of 2011 and the fourth quarter of 2012, Whelan wrote.

That's the biggest yearly gain in the median price since the fourth quarter of 2005, Whelan said.

For more:  http://www.trulia.com/blog/ken_allen/2013/02/the_allen_report_home_prices_rising_in_more_markets

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Thomas Crafts February 13, 2013 at 01:10 PM
The real estate professional community has a long and distinguished record of lying about the market to make it look better than it is.


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