More than 90 percent of metro markets (205 out of 221) posted home price gains in the first quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.6 percent to 6.94 percent, according to the National Association of Realtors’ latest quarterly report. Thirty percent of the 221 tracked metro areas experienced double-digit price gains over the same period, up from 15 percent in the fourth quarter of 2023.
“Astonishingly, greater than 90 percent of the country’s metro areas experienced home price growth Please log in to see the rest of this story.