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U.S. Home Prices Surge, Scaring Off Some Potential Buyers — 3rd Update


Provided by
Dow Jones
By Nicole Friedman
U.S. home prices rose nearly everywhere in the first quarter, a rapid price appreciation that shows little sign of fading soon with limited housing inventory and robust demand.
The median sales price for existing single-family homes was higher in the quarter compared with a year earlier for 182 of the 183 metro areas tracked by the National Association of Realtors, the group said Tuesday. In 89% of those metro areas, median prices rose by more than 10% from a year earlier.
This week s price data was the latest confirmation that the pandemic continues to reshape how and where many Americans want to live. Remote work prompted buyers to seek out more space, while pandemic-related restrictions made vacation houses more desirable, real-estate agents said. ....

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U.S. Home Prices Surge, Pricing Out Some Buyers — Update


Provided by
Dow Jones
By Nicole Friedman
U.S. home prices rose nearly everywhere in the first quarter, a rapid price appreciation that shows little sign of fading soon with limited housing inventory and robust 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.
This week s price data was the latest confirmation that the pandemic continues to reshape how and where many Americans want to live. Remote work prompted buyers to seek out more space, while pandemic-related restrictions made vacation houses more desirable, real-estate agents say. ....

United States , Julie Cook , Eric Lipar , Lawrence Yun , Nicole Friedman , News Corp , Dow Jones Company Inc , National Association Of Realtors , Homes Inc , Fannie Mae , National Association , Wall Street Journal , New York , Hudson Valley , Dow Jones , ஒன்றுபட்டது மாநிலங்களில் , ஜூலி சமைக்கவும் , லாரன்ஸ் யுன் , நிக்கோல் ப்ரைட்மேன் , செய்தி கார்ப் , டோ ஜோன்ஸ் நிறுவனம் இன்க் , தேசிய சங்கம் ஆஃப் றேஆல்டோர்ச் , வீடுகள் இன்க் , பன்ணிிே மே , தேசிய சங்கம் , சுவர் தெரு இதழ் ,

U.S. Home Prices Surge Higher, Pricing Out Many Buyers


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 Lipar , Lawrence Yun , Nicole Friedman , News Corp , Dow Jones Company Inc , National Association Of Realtors , Homes Inc , National Association , Wall Street Journal , New York , Hudson Valley , Atlantic City , Dow Jones , லாரன்ஸ் யுன் , நிக்கோல் ப்ரைட்மேன் , செய்தி கார்ப் , டோ ஜோன்ஸ் நிறுவனம் இன்க் , தேசிய சங்கம் ஆஃப் றேஆல்டோர்ச் , வீடுகள் இன்க் , தேசிய சங்கம் , சுவர் தெரு இதழ் , புதியது யார்க் , ஹட்சன் பள்ளத்தாக்கு , அட்லாண்டிக் நகரம் , டோ ஜோன்ஸ் ,