Housing Market in Frenzy Like No Other Since 2008 Crisis: Live Updates
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Source: Factset
Homes typically sold in 18 days in March, according to the National Association of Realtors.Credit...Ted Shaffrey/Associated Press
The median sale price of an existing home in the United States was $329,100 in March, up 17.2 percent from a year earlier, when a 3 to 5 percent annual increase is considered healthy, according to a report from the National Association of Realtors, a trade group.
Nationwide, housing inventory was at 1.07 million units at the end of March, just above its record low of 1.03 million the prior month and down 28.2 percent from a year earlier, the group said on Thursday.