Home Prices Rose in 87% of U.S. Metro Areas in Third Quarter

Home prices climbed in 87 percent of U.S. metropolitan areas in the third quarter, with gains nationwide slowing to a healthier pace, the National Association of Realtors said.

The median price of an existing single-family home rose from a year earlier in 154 of the 178 areas measured, the group said in a report Thursday. In the second quarter, 93 percent of metropolitan areas had price increases.

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