Despite coronavirus, low supply and high demand buoyed first-quarter home prices

Posted on by

Data released May 12 from the National Association of Realtors (NAR) shows that house prices increased in the first quarter of 2020 despite the ongoing coronavirus pandemic. The NAR’s quarterly report on metro home prices shows that the median single-family home price increased year over year in 96% of U.S. markets in the first quarter of 2020, versus 94% in the first quarter of 2019.

Read more: https://bit.ly/2z8W4IL