Nationally, the news is very positive. In the 20 cities that Case-Shiller studies home prices were up an average of 8.1% over the last 12 months. Home prices across the nation are back to their fall 2003 prices, a great sign that the housing market has truly started to recover. Foreclosure filings continue to be down over 25% from a year ago and housing starts saw nice rises in the month of February 2013.
Standard and Poor's Case-Shiller Report for January 2013
| Metropolitan Area | Change | Change |
| Dec. 2012- | Jan. 2012- | |
| Jan. 2013 | Jan. 2013 | |
| Atlanta | 1.0% | 13.4% |
| Boston | 0.0% | 4.0% |
| Charlotte, N.C. | 0.2% | 6.0% |
| Chicago | -0.9% | 3.3% |
| Cleveland | -0.5% | 4.8% |
| Dallas | 0.0% | 7.0% |
| Denver | 0.0% | 9.2% |
| Detroit | -0.9% | 13.8% |
| Las Vegas | 1.6% | 15.3% |
| Los Angeles | 0.9% | 12.1% |
| Miami | 0.8% | 10.8% |
| Minneapolis | -0.5% | 12.1% |
| New York | 0.1% | 0.6% |
| Phoenix | 1.1% | 23.2% |
| Portland, Ore. | -0.4% | 8.3% |
| San Diego | -0.6% | 9.8% |
| San Francisco | 0.1% | 17.5% |
| Seattle | -0.3% | 8.7% |
| Tampa, Fla. | 0.9% | 8.9% |
| Washington, D.C. | -0.7% | 5.9% |
| 20-city composite | 0.1% | 8.1% |
| Source: S&P Dow Jones Indices and Fiserv |
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ReplyDeleteWhy is this 2013 material still on here? Please don't waste our time.
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