Lawrence Yun, NAR chief economist, said sales momentum is slowly building
behind stronger job growth and improving inventory conditions.
WASHINGTON (February 11, 2015)-- The majority of metropolitan areas experienced steady but slightly
stronger price
growth in the fourth quarter of 2014,
behind a decline in housing supply and an uptick in demand fueled by lower interest rates and a
stronger job market, according to the latest quarterly report by the National Association of Realtors ®.