Sunday, January 27, 2008

Housing news from CNNMoney.com

Bismarck, N.D.

Key stat: Over the past 12 months, the median home price in Bismarck jumped 15.3%, to lead the nation.

It was a big gain, according to the National Association of Realtors, but it brought the median house price there to only $161,600. No high-priced markets grew nearly as fast. Among high-priced cities, the San Jose, Calif. metro area, where the median price rose to $852,500, recorded the highest percentage increase at 9.4%.

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