Region?s housing prices remain steady

While housing prices are regaining some footing across the country, increasing slightly in October after a rapid fall in September, prices in the Baltimore region continue a steady gain.

The U.S. Commerce Department this week reported that the median price of a new home sold in October was $248,500, up 1.9 percent from the same month a year ago. The median price is where half sell for more and half sell for less.