U.S. housing prices still declining but at slower pace
by Ted Carter Published: February 24,2012
Tags: Baltimore, Charlotte, Cincinnati, Detroit, Houston, Miami, Mississippi, Mississippi Business Journal, Oxford, Residential Price Index, Tampa
Oxford real estate data firm FNC’s Residential Price Index(RPI) released Wednesday indicates that U.S. residential property values declined in December amid signs of continued improvement in the job market and economic growth. With sales of distressed properties comprising a large portion of overall home sales, prices on non-distressed sales continued to reflect the downward pressure [...] [...]
