Median existing single-family home prices rose Y/Y in 133 of 152 tracked metro areas, according...

|By:, SA News Editor

Median existing single-family home prices rose Y/Y in 133 of 152 tracked metro areas, according to the NAR, up from 120 in Q3 and just 29 a year ago. The national median sales price of $178.9K is up 10% Y/Y. Inventories shrunk to 1.82M homes at year's end, down 21.6% Y/Y - it's the lowest level of inventory since January 2001. XHB +7% YTD.