Tuesday, October 30, 2012

40 Out of 42 Counties Post Monthly Price Gains

40 Out of 42 Counties Post Monthly Price Gains

In September, home prices improved in nearly all of the largest counties throughout the United States as tracked by DataQuick.

According to the company’s new Property Intelligence Report (PIR), home prices grew in 40 out of 42 counties month-over-month, while prices improved in all 42 counties from the previous quarter and over the last year.
DataQuick suggested the PIR is displaying evidence the recovery in housing is underway, but the PIR found an uneven recovery, with some areas facing risk factors, such as high REO inventory.
Gordon Crawford, VP of analytics for DataQuick, highlighted changes in Maricopa County, where house price growth was the highest on a monthly, quarterly, and yearly basis. From September 2011 to September 2012, prices in Maricopa County grew 20.23 percent. Read more..

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