Appreciation at Quicker Pace, Up 5.7 Percent

Appreciation grew quicker in the first quarter of 2018, up 5.7 percent year-over-year, according to the latest quarterly report by the National Association of REALTORS® (NAR).
“The worsening inventory crunch through the first three months of the year inflicted even more upward pressure on home prices in a majority of markets,” says Lawrence Yun, chief economist at NAR. “Following the same trend over the last couple of years, a strengthening job market and income gains are n