Industry News

Deceleration of real estate prices sets record in Q2

OFHEO index details major slowing in home-price growth
Published on Sep 5, 2006

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by CareyBot

Home prices were 10 percent higher in the second quarter compared to second-quarter 2005, though the quarterly appreciation rate hit its largest decline in the 30-year history of a national house-price index when compared to second-quarter 2005. The second-quarter appreciation ...