NAR Quarterly Report: 87% of Metros Post Home Price Gains in Q3 2024

The National Association of REALTORS®’ (NAR) latest quarterly report shows that single-family existing-home sales prices climbed in 87% of measured metro areas (196 out of 226) in the third quarter of 2024 as mortgage rates continued to trend lower, with the 30-year fixed mortgage rate ranging from 6.08% to 6.95%. This is down from 89% in the previous quarter. According to the report, the national median single-family existing-home price clocked in at $418,700—growing 3.1% from one year ago. 

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