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Housing Market Surges Across Regions | Irvine News
Description
Housing prices are surging nationwide as 80% of metro areas saw gains in Q2—up from 71% in Q1—with the Northeast leading at 3.8% and the Midwest close behind at 3.6%. The South edged up 1%, while the West dipped slightly. After a sluggish winter and spring, the market now shows a 1.5% year-over-year rise, modest but meaningful. Hotspots like Beaumont-Port Arthur (TX) and Naples-Immokalee-Marco Island (FL) soared 11% and 10.5% respectively, while California’s elite markets like San Jose and San Francisco climbed to record highs—even amid slight dips in some luxury zones. The frenzy of pandemic days is gone, but signs of renewed momentum are unmistakable.
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