Home Prices Hit Peak Levels In Majority of Metro Areas, Fourth Quarter Data Show

Forbes

By Troy McMullen

The best quarterly sales pace of the year pushed available housing supply to record lows and caused price appreciation to slightly speed up in the final three months of 2016, according to the latest quarterly report by the National Association of Realtors. The report also revealed that sales prices in over half of measured markets since 2005 are now at or above their previous peak level.

Read More

Previous Division President
Next Shopoff Realty Investments and Argosy Real Estate Partners Pick Up Anaheim Property for Res Redevelopment Project

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Housing Market

Headwinds at Home Causing Pause in Chinese Buying

This past year, Chinese buyers overtook Canadian buyers as the top foreign purchasers of US real estates with expenditures of $28.6 billion. The influence has been felt disproportionately at the

Housing Market

Measure S: 8 Things To Know About LA’s Anti-Development Ballot Measure

By Jenna Chandler The fight over tall buildings, neighborhood character, and how to add much-needed density to Los Angeles is playing out as a clash between homeowners and real estate