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Zillow reports U.S. rentals continue to outshine housing market, property values still plagued by foreclosures

Posted on 11 April 2012

According to the February Zillow Real Estate Market Report, median rents rose 2 percent from February 2011 to February 2012, but home values continued to fall, declining 4.5 percent during that period.
The Zillow Rent Index (ZRI) showed year-over-year gains for nearly 68 percent of metropolitan areas covered by the ZRI. By contrast, only 8 percent of metro areas covered by the Zillow Home Value Index saw home values rise………………………………………..Full Article: Source


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