DAILY REAL ESTATE NEWS | MONDAY, APRIL 21, 2014 While inventories of for-sale homes are on the rise , asking prices are too. The median list price was 5.3 percent higher in March compared to year ago levels, according to realtor.com®’s National Housing Trend Report for March, which tracks 146 housing markets. Some of the largest price increases are occurring in California and Nevada, which lead a list of metros seeing the largest year-over-year increases in median list prices. But newcomers to the list – Houston and Columbia, Mo. – are also gaining ground. According to realtor.com®’s March report, the following metros had the greatest year-over-year list price increases: Stockton-Lodi, Calif: 38.9% Las Vegas, Nev.-Ariz.: 30.4% Detroit, Mich.: 30% Reno, Nev.: 23.5% Riverside-San Bernardino, Calif.: 20.4% Denver, Colo.: 20.1% Houston, Texas: 18.5% Fresno, Calif.: 17.4% Columbia, Mo.: 17.2% Bakersfield, Calif.: 16.4% Source: “ Realtor.com Report: Higher I...
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