Industry NewsMarkets & Economy

Home sales up, prices down nationwide

California shows biggest price increases
Published on Jan 22, 2010

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by CareyBot

Home sales increased and prices decreased year-over-year in November, according to a monthly report released by real estate data and analysis company Radar Logic Inc. Thursday.

Home sales across 25 metro areas nationwide increased 1.5 percent month-to-month and 46.7 percent year-over-year in November, as indicated by transactions completed through the company's Residential Property Index (RPX). The index measures changes in the price per square foot of homes.

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