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The Week Ahead: Examining Q4 Home Price Trends

money, house, affordable, housing, buying
On Thursday, February 11, the National Association of Realtors (NAR) will release its Q4 Metro Home Prices report. NAR quarterly data examining median single-family home prices for approximately 175 Metropolitan Statistical Areas (MSAs).

Highlights from the Q3 report, released in November 2020, included:

  • Single-family existing home prices rose in all measured metro areas in Q3.
  • 65% of metro areas had double-digit price gains.
  • The monthly mortgage payment on a typical single-family home rose to $1,059 and the family income needed to afford a home rose to $50,819.

Here's what else is happening in The Week Ahead:

About Author: Christina Hughes Babb

Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media/Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning news, among others. Contact Christina at christina.hughesbabb@thefivestar.com.

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