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May 31, 2017 Think Home Prices Are High Now? Why They’re Likely to Keep Going Up

Alan Bermudez

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Buyers might want to sit down for this: Homes flew off the market like the hottest of hotcakes in the first quarter of the year—causing prices to rise even higher than predicted in many parts of the nation. The median price of existing single-family homes hit $232,100 in the first quarter of the year, according to