The housing slowdown that has given hope to price-squeezed buyers, struck fear into the hearts of sellers, and captivated real estate aficionados from coast to coast appears to have taken a break. Home list prices aren’t coming down, it seems—instead they reached a new all-time high as the busy spring market begins.
Median list prices crossed the $300,000 mark for the first time in March, according to a recent realtor.com® report. And while annual price growth had been slowing and is even down in a few parts of the country, nationally list prices shot up 7.2% year over year in March.
That’s significantly more than inflation, which was just 1.5% in February.
4 comments
Alexander Rees
We went down the lane, by the body of the man in black, sodden now from the overnight hail, and broke into the woods at the foot of the hill.
Ralph Davin
On our side the fire had done no more than scorch the nearer trees; it had failed to secure its footing. In one place the woodmen had been at work on Saturday; trees, felled and freshly trimmed, lay in a clearing, with heaps of sawdust by the sawing-machine and its engine.
Alexander Rees
We went down the lane, by the body of the man in blac, sodden now from the overnight hail, and broke into the woods at the foot of the hill.
Ralph Davin
On our side the fire had done no more than scorch the nearer trees; itt had failed to secure its footing. In one place the woodmen had been at work on Saturday; trees, felled and freshly trimmed, lay in a clearing, with heaps of sawdust by the sawing-machine and its engine.