|
contents | business | |||||||||
| U.S. metro homes prices improving but sales down  Home price trends are improving in metropolitan areas but existing-home sales during the second quarter were below a year ago in most states, according to the latest quarterly survey by the National Association of Realtors, America's largest trade association, representing more than 1.3 million members involved in all aspects of the residential and commercial real estate industries. In the second quarter, 97 out of 149 metropolitan statistical areas show year-over-year increases in median existing single-family home prices, including nine areas with double-digit annual gains; 50 had price declines; and two were unchanged. In the first quarter of 2007, revised data shows 83 areas had annual price increases, while in the fourth quarter of 2006 only 68 areas were up.write your comments about the article :: © 2007 Construction News :: home page |