Second Quarter Metro Area Home Prices Rise, Limited Inventory Capping Sales

WASHINGTON, DC – August 9, 2012 – (RealEstateRama) — Median existing single-family home prices are rising in more metropolitan areas, but a lack of inventory – notably in lower price ranges – is limiting buyer choices in an increasing number of markets around the country, according to the latest quarterly report by the National Association of Realtors®.


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