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Home values post 12 straight months of increases

Posted on 22 November 2012

National home values rose by 1.1% in October from September, the largest monthly gain in seven years, according to a report released Wednesday by Zillow, the online real-estate information company.
It’s the first time housing markets have posted 12 straight monthly gains in the Zillow survey since the housing sector’s long slide began in 2006. “We’ve reached a milestone,” said Stan Humphries, Zillow’s chief economist. All of the 30 largest metro areas tracked by Zillow posted gains in October from September except for Chicago………………………………………..Full Article: Source


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