Recovery Broadens as home prices were on the rise again last month, but in a stark contrast to last year, price 
increases were more generalized and less concentrated to just a few metro pockets, according to May 2014 National Housing Trend Report. In May, the median list price of homes was $214,900 nationwide, an 8 percent increase year-over-year. All but eight of the 146 markets that realtor.com tracks reported year-over-year price increases in May. Home inventories in May were down 5.8 percent compared to year ago levels. A limited number of homes for-sale across the country is credited with lifting home prices. See June Salt Lake Market Trend Report First Quarter 2014.
increases were more generalized and less concentrated to just a few metro pockets, according to May 2014 National Housing Trend Report. In May, the median list price of homes was $214,900 nationwide, an 8 percent increase year-over-year. All but eight of the 146 markets that realtor.com tracks reported year-over-year price increases in May. Home inventories in May were down 5.8 percent compared to year ago levels. A limited number of homes for-sale across the country is credited with lifting home prices. See June Salt Lake Market Trend Report First Quarter 2014.
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