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US house prices down, but improvement apparent

Staff Reporter 1 minute read

Almost all US housing markets suffered a decrease in value, figures from Radar Logic revealed yesterday.

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According to the real estate data provider’s monthly housing market report, which measures prices per square foot, 23 out of 25 metropolitan statistical areas registered a drop in prices in a year on year basis to April 2008.

While the annual results were disappointing, results for the month to April showed promise. Nine of the areas showed a price increase while 21 of the areas experienced a rise in transactions.

Published: 08-07-08

US house prices down, but improvement apparent
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