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Provided by Dow Jones By Nicole Friedman Home prices rose in nearly every corner of the country in the first quarter, showing little sign of fading soon with limited housing inventory and robust buyer demand. The median sales price for existing single-family homes was higher in the quarter compared with a year ago for 182 of the 183 metro areas tracked by the National Association of Realtors, the association said Tuesday. In 89% of those metro areas, median prices rose by more than 10% from a year earlier. The current home-sales boom has been unusually widespread, with low mortgage interest rates fueling strong demand across the U.S., especially for high-end properties. The shortage of homes on the market is also affecting home shoppers around the country. The number of active listings on Realtor.com was down 52% from a year earlier in the week ended May 1. ( News Corp, parent of The Wall Street Journal, operates Realtor.com.)

Eric liparLawrence yunNicole friedmanNews corpDow jones company incNational association of realtorsHomes incNational associationWall street journalNew yorkHudson valleyAtlantic cityDow jonesலாரன்ஸ் யுன்நிக்கோல் ப்ரைட்மேன்செய்தி கார்ப்