Thursday, January 3, 2013

Report: Home Prices Poised for Growth in 2013

More indication that 2013 should be a recovery year for residential real estate.

Wall Street Journal, January 3rd reports:
 
Asking prices are expected to strengthen this year, according to Trulia.
In stark contrast to this time last year, the housing market is chugging into 2013 with a head of steam.
Home-listing prices were up 5.1% nationally in December on a year-over-year basis, according to data released Thursday by real-estate listings and data company Trulia. Out of the 100 major metro markets covered by the report, 82 of them saw year-over-year gains. At the end of 2011, asking prices had fallen 4.3%, and only 12 markets had posted positive price changes.

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