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HOUSING & REAL ESTATE • UNITED STATES

Home prices rose in 78% of metro markets in the third quarter, NAR says

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Home prices increased in 78% of U.S. metro markets in the third quarter, according to the National Association of Realtors. The West was the only region with an annual decline, the report says.

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Why it matters

Home-price trends affect buyers, sellers and homeowners’ housing costs and equity. The article does not provide details on the size of price changes or their effects on affordability.