Late-Summer Housing Market is Unseasonably Hot, Prices Up 10% and Pending Sales Up 13% 

The median price of homes that sold during the four-week period ending August 9 was up 10% year over year—the largest increase in over six years—and hit a new all-time high of $314,000, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In the last week of the period, prices were ...