Home prices nationwide continue to bounce back and have now risen for the 3rd month straight.
Top 3 monthly increases:
1. Minneapolis, MN: 4.58%
2. San Francisco, CA: 3.34%
3. Chicago, IL: 2.66%
Noteworthy: The only city there prices continue to decline is Las Vegas where home prices have dropped by 1.15% from last month.
Hi Nima,
Do you know if this report includes houses bought back by the banks at foreclosure sales at full price so that they don’t have to recognize the losses?
Thanks,
Laura
I’m pretty sure it does. I don’t see why it would not. It’s only a matter of time til this overhang floods the market …