HOME PRICES ARE BOUNCING BACK ALL ACROSS THE COUNTRY…AND THE DUKE CITY IS NO EXCEPTION. JANICE MCCRARY, THE EXECUTIVE V-P OF THE GREATER ALBUQUERQUE ASSOCIATION OF REALTORS, SAYS MEDIAN PRICES HERE HAVE GONE UP 10 PERCENT IN THE PAST YEAR. AFTER PRETTY FLAT PRICES IN THE LAST SEVERAL MONTHS, SHE SAYS BOTH THE MEDIAN AND AVERAGE HOME PRICES TICKED UPWARD IN MARCH.
HOME SALES ARE ALSO ON THE RISE. MCCRARY SAYS PENDING SALES JUMPED 21 PERCENT FROM FEBRUARY TO MARCH OF THIS YEAR.
