You are here: Articles >Real Estate > Real Estate

Home Prices In 2006 Abound At Slowest Amount Back 1999

ios appcolt educationappsios financeappsios
 31 December 18:00   Home p rice s rice in the 2006 agenda year were at the slowest in eight years, according to Freddie Mac s Accepted Mortgage Home Amount Basis (CMHPI). The U.S. home prices grew at an anniversary amount of 6.1 % endure year registering the everyman advance amount back 1999 if the prices accepted at 5.4 %. By comparison, the anniversary advance amount in 2005 was 13.3 %, added than alert of endure year s home amount acknowledge rate. Home prices rose at an anniversary amount of 4.9 % in the 4th division of 2006 from the revised 3rd division amount of 4.4 %, according to the Freddie Mac Index, but a arrest in home sales resulted in the abatement in home amount appreciation. Home sales accomplished a abatement of 11 % from the 4th division of 2005 to the 4th division of 2006 abundantly due to a abatement in apartment markets that accomplished top apartment costs and a weaker economy, as appear in a account by Aboveboard Nothaft, Freddie Mac carnality admiral and arch economist. Nothaft s predictions for this year s home amount acknowledge amount is appealing grim. According to him, 2007 will see a home amount acknowledgment amount of about 3 %, about one bisected of the anniversary home amount acknowledgment amount of 2006.

    The afterward are the altered regions of the U.S. that had accomplished home amount assets during the 4th division of 2006.

    The Abundance states registered an boilerplate amount accretion of 8 %. The South Atlantic states acquaint an annualized amount of 7.7 %. The West South Axial states accomplished a advance amount of 6.3 %. The East South Axial states showed a home amount advance of 6 %. The Average Atlantic states had a advance in home prices at a amount of 4.7 %. The West Arctic Axial states acquaint a home amount acknowledge amount of 4.2 %. The East Arctic Axial states registered an boilerplate amount acceleration of 3.9 %. The New England states showed an anniversary advance amount of 2.4 %. The Accordant states listed an acknowledgment amount of 2.2 %.

    California, Hawaii, Nebraska, Nevada, Arctic Dakota, Rhode Island and West Virginia are seven states that accept accomplished home amount declines during the 4th division of 2006. Michigan is the alone accompaniment that accomplished a year-over-year abatement in boilerplate home values.



Tags: annual, prices, states, average, according, central, price, south, growth, decline, north

 price, states, prices, experienced, growth, quarter, annual, appreciation, decline, central, south, north, average, according, appreciate, freddie, slowest, , home price, home prices, 4th quarter, central states, growth rate, rate since, appreciation rate, freddie mac, appreciate rate, price appreciate, home price appreciate, price appreciate rate, rate since 1999, experienced home price, south central states, price appreciation rate, north central states, home price appreciation, annual growth rate, slowest rate since, 1999 home prices,

Share Home Prices In 2006 Abound At Slowest Amount Back 1999:
Digg it!   Google Bookmarks   Yahoo! MyWeb   Furl  Binklist   Reddit!   Stumble Upon   Technorati   Windows Live   Bookmark

Text link code :
Hyper link code:

Also see ...

Article In : Real Estate  -  Real Estate