90% of Markets See Price Gains in QTR4

NAR data shows home prices finished strong in 2024. Property owners are getting richer as home prices prove resilient against lower home sales. Nearly 90% of metro areas registered home price increases in the final quarter of 2024, according to the latest housing data from the National Association of Realtors (NAR). Fourteen percent of the 226 metro areas that NAR tracks, posted double-digit price gains, up from the 7% in the third quarter. "Record high home prices and the accompanying housing wealth gains are definitely good news for property owners," says NAR Chief Economist Lawrence Yun.