Posted on 07/26/2014 9:42:47 AM PDT by quesney
In the Midwest the median price increased to $165,900, up from $155,900, and prices were up 4.0 percent from the previous year.
The Souths median price rose to $184,800 in May, an increase from $174,500 in April. Prices there are up 4.4 percent on a yearly basis.
In the West, the median price jumped to $297,500 from $289,600, with an 8.4 percent increase from a year earlier. Tight inventory in the West remains the driving factor in rising prices.
Source http://www.realestateabc.com/outlook/overall.htm
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