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.

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Steve Devorak
Steve Devorak 148 posts

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

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