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Updated over 4 years ago,
Median Home Prices Reach an All-Time High Amid an Economic Crisis
Low inventory in the residential real estate market drove the median sales price of existing homes to an all-time high in April, according to the National Association of Realtors’ April Existing Home Sales report, released Thursday morning.
According to the monthly survey, the median sales price reached a new high of $286,800 in April, up 7.4% year over year.