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

New Home Sales Slide

On the heels of earnings misses from DR Horton and PulteGroup, the US Commerce Department reported more disappointing news for the new home market. Sales for new single-family homes dropped

Housing Market

Affordable Housing Is Now a Middle-Class Crisis in California

By Christopher Thornberg – California has a housing crisis. This probably doesn’t sound like news given the recent publicity about disputes over homelessness, rapidly rising rents, and gentrification—and the flurry