U.S. median house price climbs the most in 7½ years

08/9/2013 | Housing Wire · Business Insider

The median selling price of an existing single-family home reached $203,500 in the second quarter, a 12.2% increase compared with Q2 of 2012 and the sharpest year-on-year gain since Q4 of 2005, according to the National Association of Realtors. Tightening inventory is a major factor, Chief Economist Lawrence Yun says.

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Housing Wire · Business Insider

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