Tag Archive for Median Price

Reuters- “Evidence” suggests anti-foreclosure laws may backfire | Not So Says Adler

Quoted sections below from Insight: Evidence suggests anti-foreclosure laws may backfire | Reuters. State and federal laws enacted to protect homeowners from eviction in the wake of the 2008 housing crash may be extending the slump, according to a growing number of economists and industry experts. Everyone with a complaint about this has a vested interest…

Listed House Sale Closings Rose 74,000 in March, Prices up 5% in Month, 2.5% in Year

The NAR reported today that their members settled 361,000 house sales in March (actual, not seasonally manipulated), up 74,000 from February. The median price rose 5.27% versus February and was up 2.5% versus March 2011. This was the largest monthly percentage price gain since June 2005. The year over year gain was the first significant…

House Prices Up in California

The latest evidence that a bottom of sorts is in for the housing market comes from California. Here’s the PR from the California Association of Realtors. Considering the source, you can take it with a grain of salt, but it’s entirely consistent with the national housing trends I’ve been tracking. LOS ANGELES (April 16) – California…

CoreLogic Data Shows House Price Declines Slowing

CoreLogic’s data for January closed house sales (mostly November contracts) shows a year over year decline of 3.1% nationally. the month to month decline was 1%. However, the 12 month rate of decline has been slowing sharply. According to CoreLogic, 6 of the 10 largest metropolitan markets in the US showed year over year declines…