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Home prices rose across the country in the third quarter, according to the National Association of Realtors. This is the first time that the association saw increases in every single market since 1980.
The median price of a single-family home is now $313,500, up 12% from this time last year. The areas with the largest increase in price were Bridgeport, Connecticut with a 27.3% increase and Crestview, Florida with a 27.1% increase.
