Home Prices Continued Upward Trend in Sept.

According to the NAR's Existing-Home Sales Report for September, the national real estate market continued to show signs of improvement last month. Existing-home sales declined modestly, but inventory continued to tighten and the national median home price recorded its seventh back-to-back monthly increase from a year earlier,

The upward trend in pricing nationally aligns with the local trends reported in our local September Housing Market Update for the DC Metro region.

As RBI reported, September marked the eighth consecutive month of year-over-year pricing gains in the region.