The beginning of 2021 has seen home prices continue to climb to new record-breaking heights, with prices rising in almost every major metro area.
While that has boosted value for many homeowners, it has made buying a home ridiculously hard for buyers.
In 99% of metro areas tracked by the he National Association of Realtors, prices in the first quarter of 2021 increased over the same period last year, according to a NAR report. Nationally, the median sale price for existing homes climbed 16% from the first quarter of 2020 to $319,200, both record highs since NAR began tracking city data quarterly in 1989.
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