Tagged : National home values

Found 2 blog entries tagged as "National home values".


homes.yahoo.com - As the weather warmed up this spring, so did the national housing market, shaking off a relatively sluggish start to the year to register the highest annual rate of home value appreciation in any second quarter since 2004.

The U.S. Zillow Home Value Index rose to $161,100 as of the end of the second quarter, up 5.8 percent year-over-year and 2.4 percent from the first quarter, the largest annual gain since August 2006 and largest gain in any quarter since the fourth quarter of 2005. National home values rose just 0.25 percent during the first quarter.

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January’s strong start to 2013 continued into February, with national home values appreciating by 0.1 percent month-over-month, to a Zillow Home Value Index of $158,100. February marked the 16 consecutive month of appreciation, and U.S. home values have risen 6.5 percent since hitting bottom in October 2011. The last time home values rose to this level was in June 2004.

National home values in February were up 5.8 percent year-over-year, the second-largest annual gain since August 2006, behind only January 2013 (6 percent). Of the 30 largest metros covered by Zillow, all experienced annual and monthly appreciation. 

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