jump to navigation

US Home Prices Show 5% Quarterly Growth August 6, 2009

Posted by John Watch in News Feed.
Tags: , , ,
trackback

News media outlets are busy today with the news of US Home Prices showing a 5% quarterly growth.

Great news for the Real Estate Market, AccuriZ knows and understands that Real Estate is three things: Cyclical, Seasonal and Emotional

(From HousingWire.com) All regions saw quarterly gains as of July, with the Midwest soaring 11.2%, the South rising 5.3%, the Northeast posting a 2.4% increase and the West gaining 1.1%, according to Clear Capital.

Can this be a sign of potential ‘green shoots’ in the housing market, or can this be attributed to seasonality? Public records on property data show that real estate has seasonal cycles.

Bookmark and Share
Advertisements

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: