Home Price Decline Moderates in March 2011

April 12th, 2011
in econ_news

Econintersect:  Altos Research March 2011 10-City Home Price Composite decreased by 0.29%.   According to Altos:

.......  prices are still struggling across much of the country, week over week increases are posting and are expected pick up steam in the weeks ahead. Increases of note were marked in San Jose (1.14%), Phoenix (1.04%), and Boston (0.81%). The real story, however, is increase in inventory. Anxious sellers are entering the market, hoping to take advantage of increased buyer urgency, with inventory rising most in Boston (15.99%), New York (8.24%), and Philadelphia (7.68%).

Follow up:

Altos says home price dynamics are expected to improve at the time of year, inventory is steadily on the rise, with sellers hoping to tap into a deeper pool of home buyers.

Altos Research is the first to report March 2011 home price indexes.  Econintersect will review and compare all indexes released to date when Case-Shiller releases its data later this month.

source: Altos Research



Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

 navigate econintersect.com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved