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Report Finds Signs Of Stabilization In Home Values

Report Finds Signs Of Stabilization In Home Values

| Dec 13, 2011 | Housing Market

Clear Capital’s Home Data Index Market Report shows little change in national home prices across quarterly, six month, and yearly time periods. The report, which includes data through November, found a 0.3 increase in quarter-over-quarter values but, most importantly, indicates a level of stability and an end to the recent volatility in prices. Alex Villacorta, director of research and analytics at Clear Capital, said the overall market stability offers hope that housing markets are settling after two turbulent years. According to Villacorta, there’s been only a one percent drop in national home prices since January and virtually no change in the past six months, which suggests the big shifts in prices may become a thing of the past. More here.

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