Housing-News-Report-April-2016

H OUSING N EWS R EPORT

April 2016

Big Data Sandbox

RealtyTrac analyzed nearly 45 million single family home and condo sales nationwide over the past 15 years to calculate which markets in March 2016 reached new highs for home prices. Nationwide home prices increased on an annual basis in March for the 49th consecutive month, but prices were still 8 percent below their previous peak in July 2005. On the other hand, among 125 metro areas analyzed in the report, 36 percent of them have reached new home price peaks since January 2015, including these seven markets that reached new home price peaks in March 2016.

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