Existing-home sales surged 9 percent year-over-year in March and home prices
were up 8
percent over last year, according to the National Association of
REALTORS®. Home prices are rising at a more rapid pace than they
were just a few months ago, as demand outpaces supply. What’s more, with tight inventories plaguing many markets, the median list price in March climbed 11 percent over last year, reaching $220,000, reports. With home prices heating up again, could the housing market be heading for another bubble? 'This Is No Housing Bubble,' read more.
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