Housing Sales Price Growth Strong in the Northeast

According to the National Association of Realtors recently released report on home sale trends for the second quarter of 2006, the strongest increases were in the Northeast where the median resale single-family home price in the second quarter was $299,200, up 6.3 percent from a year ago. The Philadelphia metro area was at $235,100, up 11.4 percent. Calm down everybody, calm the heck down.