Nationwide, homebuyers had more properties to choose from in the fourth quarter than they did a year ago, while major California housing markets saw price growth moderate.
- The median price for an existing U.S. single-family home was $257,600 as of the fourth quarter, up by 4.0 percent year over year.
- U.S. home price growth outpaced annual appreciation in the San Francisco metropolitan area, while San Jose saw home prices fall from the fourth quarter of 2017.
- Despite cooling price growth, San Francisco and San Jose remain America’s most expensive housing markets.
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