Median Existing Home Prices Improve, Atmosphere Primed for Growth

National Association of Realtors

echoed in the Mid-Year Construction Forecast conference in June by David Crowe

  • National median existing single family home price was $171,900
  • Distressed homes account for 33 percent of sales in Q2 2011
  • All-cash purchases account for 30 percent - up from 25 percent a year ago
  • Midwest home prices declined the least across all regions - with the West declining the most
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