At the end of February, it was reported that home prices had been increasing at the fastest pace since 2014. In at least 18 of the 20 large cities tracked by the S&P Corelogic Case-Shiller index, home prices rose considerably with Phoenix, Seattle, and San Diego led the pack.

While buyers may find more options to choose from in this busy spring market, the homes they want will be starting out in higher price points.

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