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Trulia: Asking House Prices up 10.0% year-over-year in March
Posted to: Around The Web
Wednesday, April 09, 2014 8:00 PM

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From Trulia chief economist Jed Kolko: Home Prices and Population Growth: Cities vs. Suburbs Despite declining investor purchases and more inventory coming onto the market, asking home prices continued to rise at the start of the spring housing season. Month-over-month, asking prices rose 1.2% nationally in March 2014, seasonally adjusted. Quarter-over-quarter, asking prices rose 2.9% in March 2014, seasonally adjusted, reflecting three straight months of solid month-over-month gains. Year-over-year, asking prices are up 10% nationally and up in 97 of the 100 largest metros. Albany, NY, Hartford, CT, and New Haven, CT, are the only three large metros where prices fell year-over-year, albeit slightly. ... In March, rents rose 3.9% year-over-year nationally. Rent increases were higher for apartments


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