Home Prices Rise in Half of U.S. Cities as Markets Stabilize

Posted by Bonnie Martin Designated Broker on Thursday, May 10th, 2012 at 7:48am.

big_sky_home_rental_211bloomberg.com - Prices for single-family homes climbed in half of U.S. cities in the first quarter as real estate markets stabilized.

The median sales price increased from a year earlier in 74 of 146 metropolitan areas measured, the National Association of Realtors said in a report today. In the fourth quarter, only 29 areas had gains.

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