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Misty Williams on Real Estate ~

Metros show stable home prices

November 21st, 2007, 12:12 pm · Post a Comment · posted by mistywilliams

A majority of 150 metropolitan areas tracked by the National Association of Realtors experienced rising or stable home prices in the third quarter 2007, according to a new report.

The median existing single-family home price climbed in 93 of the areas, including six regions that showed double-digit gains. Another 54 areas had price declines, and three remained unchanged.

Bismarck, N.D. saw the largest price increase where the median price of $161,600 was up 15.1 percent form a year ago.

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