Top 10 metros for median price gains

NAR: Prices up from a year ago in 110 of 147 metros

Median home prices for single-family homes posted year-over-year gains in 110 out of 147 markets tracked by the National Association of Realtors during the second quarter, compared with 74 markets that saw annual appreciation during the first quarter.

Some of the improvement in prices is due to a smaller share of sales in low price ranges where inventory is tight, said NAR Chief Economist Lawrence Yun.