Switch to Desktop Site
 
 

Housing prices head higher as selling season heats up

(Read article summary)
Image

SoldAtTheTop

(Read caption) This chart shows the latest Radar Logic home price index numbers, with annual percent change identified over the past decade. The 25-MSA Composite is showing significant year-over-year declines while prices continue to bounce from the lows set in late-January.

About these ads

As I have noted in the past, since the home price index data provided by Radar Logic is more timely, unadjusted and un-smoothed it is particularly useful for gaining deeper visibility over our housing markets.

As for the latest trends, it’s important to note that the 25-MSA Composite is showing significant year-over-year declines while prices continue to bounce from the lows set in late-January.

The latest data shows that as of early-April, prices have declined 1.17% below the level seen in April 2011 continuing the pattern of past years with prices now heading higher as the data moves into the typically more active spring selling season.

Share