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There's no sign of NJ's red-hot housing market slowing down

NJ Realtors President-Elect Robert White says low mortgage rates are helping fuel demand.

05/03/2021

NJ Spotlight News

There's no sign of NJ's red-hot housing market slowing down

Clip: 5/3/2021 | 2m 39sVideo has Closed Captions

NJ Realtors President-Elect Robert White says low mortgage rates are helping fuel demand.

For the first three months of 2021, the average sales price of a single family home has shot up 24% to $500,000 compared to the same period a year ago. That’s a $100,000 increase. Condo and townhouse prices rose too.

05/03/2021

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NJ Spotlight News is a local public television program presented by THIRTEEN PBS

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