Home Prices Improveby Evelyn Krazer on 06/01/10
Here is good news for ALL....The national median existing-home price for all housing types was $173,100 in April, up 4.0 percent from April 2009. Single-family home sales rose 7.4 percent to a seasonally adjusted annual rate of 5.05 million in April from a pace of 4.70 million in March, and are 20.5 percent above the 4.19 million level in April 2009. The median existing single-family home price was $173,400 in April, up 4.5 percent from a year ago. Single-family median prices rose in 18 out of 20 metropolitan statistical areas reported in April from a year ago; six of the areas experienced double-digit increases. We are all starting to see real estate moving again and that is good news for everyone!