Industry News

Home prices grow at slowest pace in 8 years

Job losses hurt Michigan real estate values
Published on Mar 5, 2007

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by CareyBot

U.S. home prices appreciated 6.1 percent during 2006, which is the slowest calendar-year growth rate since 1999 when prices gained 5.4 percent, and is much lower than the 13.3 percent annual growth reported in 2005, Freddie Mac reported today. According ...