Tuesday, February 10, 2015

US Housing Market Prices Still Below Peak Prices, According To Case Shiller Housing Index



Image result for usa mapDespite the continued price appreciation in the US housing market, the Case Shiller Housing Index indicates the average home price in the US as measured by the Composite-10 and Composite-20 are approximately 16% to 17% below the peak in June/July 2006.

The Case Shiller Home Price Index determined the trough to be in March 2012 with a recovery in the Composite-10 and Composite-20 of 28.2% and 29.0%, respectively, from the aforementioned low point.

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Michael Friedman
Realtor, Certified Distressed Property Expert (CDPE)
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550

An Analytical Approach To Buying, Selling and Leasing Real Estate
http://MYsouthFLrealestate.com

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