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Asking Home Prices Rise To Largest Annual Increase To Date

Asking Home Prices Rise To Largest Annual Increase To Date

| Dec 05, 2012 | Housing Market

According to Trulia Price Monitor, asking home prices have increased 3.8%, the largest yearly increase to date and November indicated an annualized growth rate of 10%, proof that home prices are rising. Jed Kolko, Trulia’s Chief Economist says “The rise is due to job growth, falling vacancies and rebounding from price declines of the housing bust.” A large portion of metropolitan cities are now joining the price rebound. Rent has also increased 5.6% nationwide. more here

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