Home Prices See Double-Digit Growth In Last Quarter Of 2021

According to the National Association of Realtors, the median single-family home price increased 14.6% to $361,700.

Home prices in the U.S. continue to climb as homebuyers are seeing little relief amid increased demand and low supply.

According to a report from the National Association of Realtors, 67% of 183 metro areas examined saw double-digit growth in average home prices during the fourth quarter of 2021.

Related StoryMillennials Are Buying Homes In Much Tougher Market Than Their Parents