Housing Inventory Hits ’19 High, But Single-Family Sold Home Price Hits Record of $553,371. Should Bears Give Up?

April ’19 DMAR housing stats

Year over year the pace of the housing prices increase rose as well with the average residential prices rising 1.5%, and the median residential prices are flat from April 2018 to April 2019. We were in line with our forecast of a 1.11% rise for single-family homes average sold price rising 1.51% year over year and the median rising 0.5% year over year.