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By contrast, the median sales price for an existing home jumped 5.8% from a year ago to a fresh record-high of $419,300 in May, the National Association of Realtors said earlier this month.
The surge in metro GDP is highly correlated with home prices, which for average single-family homes passed $1 million ($1,017,528) in August 2013. [72] As of the fourth quarter of 2021, the median value of homes in Santa Clara County was $1,253,400, an increase of 11.9% from the prior year, and ranking fourth in the US for highest median home ...
The national indices. The S&P CoreLogic Case–Shiller U.S. National Home Price Index is a composite of single-family home price indices for the nine U.S. Census divisions. It is calculated monthly, using a three-month moving average. The S&P national index is normalized to have a value of 100 in the January 2000.
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Prices hit another new all-time high in June, according to the National Association of Realtors (NAR), which reports that median existing-home prices were up 4.1 percent over last year — the ...
July 15, 2024 at 10:30 AM. America Set For 50-Year Apartment Boom, Housing Economist Jay Parsons Says. Amid a persistent housing shortage, the U.S. is seeing an unexpected surge in apartment ...
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