US House Prices Fall Postponing Market Recovery – CoreLogic

A report on 2010 house prices in the United States, published by CoreLogic in January, suggests that property values declined by as much as 5.07%, marking 4 consecutive months of price falls.
The company's figures showed that the 5 states with the greatest falls (including distressed sales) were: Idaho (-13.56%), Arizona (-10.38%), Alabama (-11.18%), Oregon (-9.26%) and Mississippi (-8.37%).
Commenting on the findings, Mr. Fleming of CoreLogic said that although falls in house prices are not surprising and can be explained by the seasonal factor, the fact that the rate of decline rose is worrying as it might signal potential problems in the recovery of US housing market.
All the estimations are based on "CoreLogic HPI is a repeat-sales index that tracks increases and decreases in sales prices for the same homes over time."
You can use online comparison tools to find and compare house prices in the United States as well as to shop for mortgage deals available from American banks.





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