Home Values in Philadelphia Area Challenge National Trends
Home values were reported unchanged in November 2010, on average, according to the Federal Home Finance Agency's Home Price Index.
Home values were reported unchanged in November 2010, on average, according to the Federal Home Finance Agency's Home Price Index.
The Federal Home Finance Agency's data showed values up 0.4 percent nationwide, on average. Region-by-region, however, the results were scattered. Coastal states tended to perform poorly. Plains states tended to perform well.
According the Federal Home Finance Agency's Home Price Index, home values are now just 12.5 percent off their April 2007 peak nationwide. This after a half-percent monthly increase in prices in May,on average.
Home values rose in March, according to the Federal Home Finance Agencyâs most recent Home Price Index. Values were reported higher by 0.3 percent, on average, from February.