All Posts Tagged With: "housing june 2009"

Statistics Reveal a Bottoming Housing Market

Perhaps the mishmash of numbers floating around the housing market have you confused.  For those who follow the market closely, the daily news seems to bring a never-ending stream of contradictory data. 

Here are just a few statistics in the news lately from respected market mavens like the S&P/Case-Shiller Indices and the National Association of Realtors:

  • The “average” price of homes in the U.S. is down almost 35% from the record highs of 2006.
  • “Median” housing prices are down 19% in 90% of the major markets in the United States.
  • Building permits were up 4% in April from last year, and homebuilder confidence increased from 16…
1Jun2009 | Money Morning | 1 comment | Continued

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