The National Association of Realtors reports that single-family existing-home sales prices rose in 82 percent of  metro areas – 182 of 221 – in the third quarter, up from 58 percent in the previous quarter. The national median single-family existing-home price grew 2.2% from one year ago to $406,900.

The monthly mortgage payment on a typical, existing single-family home with a 20 percent down payment was $2,192 – up 19.2% from a year ago.

Twenty-five markets (11%) experienced double-digit annual price appreciation (up from 5% in the prior quarter).