Housing market Growth
August 10, 2010 7:18 am Information, Market Growth
The money magazine has made exclusive forecasts, with the generous help of the Moody’s economy.com and Fiserv Lending solutions, on 380 housing markets including New York, Las Vega, Los Angeles, Montgomery, Prescott, San Francisco, Honolulu, Cambridge and United States.
They say that there is a 3.5 percent increase in the prices of single-family houses from June 2006 to June 2007. David Stiff, the chief economist of Fiserv, stated that it is a decent increase though it is still less than the half of last year’s clip and it is under 10% of the annual rate in the past five years.