Metro Home Prices Increased 5.8 Percent in March

Prices for homes in the nation’s 53 largest metropolitan areas were up 5.8 percent year-over-year in March, according to research by RE/MAX.
The increase marks the second straight month of yearly increases for home values; before February, prices had been negative on year-over-year measures for 18 consecutive months, but a 25 percent increase for home sales from February to March seems to have�positively�impacted values.
In a HousingWire article on the sales,�Margaret Kelly, the CEO of RE/MAX, said the data is a positive indictor for the spring homebuying season.
“With buyers starting to jump ...

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