Home Prices Down in 2011, but Market Stability Forecast for 2012

While year-over-year home price measurements notched down in 2011, prices are expected to see a slight uptick in 2012, according to Clear Capital. Should the valuation company’s predictions ring true, it would be the first time since 2006 that the change in annual home prices has landed in positive territory. Data released by Clear Capital …

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Pending Sales of Existing Homes Rise 2%

The number of contracts signed for purchases of previously owned homes rose again in December, according to data released by the National Association of Realtors (NAR) Thursday. The trade group’s pending home sales index increased 2.0 percent compared to its November reading, which was revised downward. The index is based on contracts signed in December, …

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RE/MAX Reports Steady Housing Prices, Declining Sales

The monthly RE/MAX National Housing Report, released Friday, shows housing prices remaining relatively stable, with sales still experiencing some declines. The survey of 54 metropolitan areas shows that November sales were 4.9 percent below October sales, and 25.9 percent below sales for November 2009. But because the losses were much smaller than recorded from September …

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