Home Prices Still On The Rise

August 19, 2006 Posted In Economic News Homes Update Real Estate News

With a falling demand in the local real estate market and an increase in housing inventory, home prices still realized a slight appreciation.

Although the appreciation was less than 1 percent, where over the past few years local homes were appreciating at double-digit rates.

According to NAR many markets across the country are experiencing rising homes prices. Hopefully that will change soon.

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