Home Prices See Double-Digit Growth In Last Quarter Of 2021

The video discusses the growth in average home prices in 183 metro areas, with 67% experiencing double-digit increases. It also covers the financial implications of a typical single-family home mortgage, which requires a $12,140 monthly payment with a 20% down payment, representing about 17% of the median family income.

What is the significance of the National Association of Realtors in the context of real estate?

In how many metro areas was the growth in average home prices observed?