Home prices soared in 2016 as they struggled with higher demand and lower housing inventory. In fact, some markets even hit new highs in home prices.

Out of 201 metropolitan areas in the U.S. with populations of at least 200,000, 89, or 44%, reached new all-time highs in home prices in 2016, the National Association of Realtors announced, using new data from ATTOM Data Solutions.

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