Home prices surge nearly 9%, biggest growth spurt in 4 years: Redfin

While prices jumped, the lack of homes for sale led to an overall 3.9-percent decline in sales compared to March 2017

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Home prices soared last month, climbing 8.9 percent over March of last year with 23.9 percent of homes selling above list price. The jump was the biggest monthly growth in the past four years according to a new report from tech brokerage Redfin…