Zillow: Home Values Rise for 13 Straight Months, Rents Fall Flat

Posted by Bonnie Martin Designated Broker on Thursday, December 20th, 2012 at 7:48am.


dsnews.com - Home values still rose into November, marking more than a year of monthly price gains, while national rents fell flat, according to data from Zillow.

On a monthly basis, home values inched up by 0.6 percent from October, with the Zillow Home Value Index at $156,200 for November. For 13 straight months now, prices have displayed monthly gains. Compared to November 2011, home values have increased by 5.2 percent, which is the biggest yearly gain since August 2006.

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