Joined Nov 11, 2007
31,929 Blog Posts

Dwindling Inventory Helps to Boost Home Prices by 0.6% in October, 5.6% for 12 Months Through 11/2012

“U.S. home prices climbed 5.6 percent in the 12 months through November as buyers competed for a dwindling inventory of properties, according to the Federal Housing Finance Agency.

Prices rose 0.6 percent from October on a seasonally adjusted basis, the FHFA said today in a report from Washington. The average estimate of 15 economists in a Bloomberg survey was for a 0.7 percent advance….”

Full report

If you enjoy the content at iBankCoin, please follow us on Twitter