What could be good news for home sellers may not be so welcoming for potential home buyers.
According to a new report by the National Association of Realtors (NAR), 90 percent of U.S. metro markets saw single-family home prices climb in the second quarter of 2024. Of the 223 tracked metro areas across the United States, 13 percent—29 markets— experienced double-digit price increases over the same period, according to the report.