Boom Was Still Booming In Summer
Associated Press reporter Martin Crutsinger reports on new numbers released by the National Association of Realtors. Here's an excerpt:
The nation's booming housing market continued to push prices higher in the summer months with 69 metropolitan areas reporting double-digit increases compared with a year ago, a real estate trade group reported Tuesday.Read the entire story at this link.
The National Association of Realtors said the median price of an existing home rose by 14.7 percent in the July-September quarter to $215,900, compared with a median price of $188,200 a year ago. The median is the midpoint where half the homes sold for more and half for less.
— The Boy in the Big Housing Bubble
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