Home prices rose year over year in 71% of 235 metro areas, with the Northeast seeing the strongest gains at 4.9%, and the Midwest up 3.6%. The West saw a 2.9% decline but remains the most expensive region with a median price of $607,600. The national median price for existing single-family homes increased 0.5% to $404,300. Luxury home sales above $10 million remain strong, expanding beyond traditional markets.