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.
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.
Publishing on a 2-month lag, the Federal Home Finance Agency said home prices fell by 1.6 percent nationally in December. And that's an average, of course. Some regions performed well in December as compared to November, others didn't.