U.S. Median Home Price Continues to Rise

The latest report from ATTOM Data Solutions says that the median home price in the United States n the third quarter was $248,000 – a record high and 3 percent above the peak set in 2005. Home prices in the United States rose 10 percent from the third quarter of 2016.

Home sellers in San Jose and San Francisco gained the greatest profit on their transactions at 80 and 71 percent respectively.

Nationwide, home sellers reaped profits of 31 percent, the highest figure in over 10 years.

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