December Home Prices

I&039;m going to get the whole December resale data rodeo up very soon. In the meantime, here&039;s a quick look at the pummeling taken by prices (as measured by our imperfect indicators, of course).For the month of December, the size-adjusted median price was down 4.6% for single family homes, 5.8% for condos and 5.0% overall. That&039;s right, for the month. The graph below shows the declines from the peak.The plain vanilla median fared even worse, for what that&039;s worth, down 6.4% in a single month. More to come...Read More...

[Source: The Money Blogs]