-->

Sunday, October 16, 2011

Good News: 10 Markets Appear to be Recovering with Increasing Housing Prices

Top 10 U.S. areas with rising real estate prices
West Virginia leads list with 8.6% year-over-year growth in August
By Inman News, Friday, October 7, 2011.

Inman News™
KL!K Studyo/ShutterstockKL!K Studyo/Shutterstock

Home prices increased in 12 states and Washington, D.C., on a year-over-year basis in August, according to a home-price report released this week by property data firm CoreLogic.

West Virginia led all states with an 8.6 percent rise in home prices, followed by Wyoming at 3.6 percent, and North Dakota at 3.5 percent. The CoreLogic Home Price Index tracks price changes in repeat sales of homes.
CoreLogic August Home Price Index (year-over-year change)

State/district All single-family Excluding distressed sales
West Virginia 8.6% 10.7%
Wyoming 3.6% 2.4%
North Dakota 3.5% 4.2%
New York 3.2% 3.6%
Alaska 2.2% 3.1%
South Dakota 1.5% 0.6%
Washington, D.C. 1.3% 1.0%
Nebraska 1.1% 1.1%
Kansas 1.0% 3.7%
Indiana 0.8% 2.2%

With New York Prices Going Up, we can hope that there will be spillover to the NYC Bedroom Communities that provide 30-45 minute commutes to The City.
Source: CoreLogic August Home Price Index

No comments:

Post a Comment