Home Prices Keep Rolling, up 5.3 Percent in Q3

Home prices keep rolling, up 5.3 percent in third quarter of 2017, according to the latest quarterly report by the National Association of REALTORS® (NAR).
“The stock market’s climb to new record highs, the continued stretch of outstanding job growth and mortgage rates under 4 percent kept homebuyer demand at a very robust level throughout the summer,” says Lawrence Yun, chief economist at NAR. “Unfortunately, the pace of new listings was unable to replace what was qu