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Home / News / Economy / Late-Summer Housing Market is Unseasonably Hot, Prices Up 10% and Pending Sales Up 13% (access required)

Late-Summer Housing Market is Unseasonably Hot, Prices Up 10% and Pending Sales Up 13% (access required)

The median price of homes that sold during the four-week period ending August 9 was up 10% year over year—the largest increase in over six years—and hit a new all-time high of $314,000, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In the last week of the period, prices were ...

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