The average US price for a home has appeared to finally hit bottom. Although the behavior in Houston is significantly different many people watch the news and only get the US average. As such I am including it here. However I caution everyone as the local area can be significantly different. For example in Houston the year-over-year price increased 0.8% last month while it declinced nationally. Still, the plot below is clearly an indicator that the bottom has probably been reached on a national level.
No comments:
Post a Comment