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Average Housing Prices in U.S. Metropolitan Areas Up

Posted by: Connie Chung
Thanks to: Connie Chung
7 September 2004 - 6:00am

In U.S. metropolitan areas, the average price of homes hits $278,000.

Based on data from Freddie Mac and Federal Housing Finance Board, a look at how housing prices are faring metropolitan areas, including Los Angeles, Las Vegas, Denver, Boston, Chicago and more.

"The average price of housing nationally rushed past $275,000 in the second quarter....Fueled largely by buyers who were worried they would be disqualified by higher mortgage rates, the average price of both new and existing houses in the nation's 32 largest metropolitan areas rose 9.3 percent...."

Full Story: Average house price hits $278,000 in nation's metro areas
Source: The Chicago Tribune, September 5, 2004
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