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U.S. home values poised for best year since 2005

Posted on 21 December 2012

Owners of homes in the U.S. saw the value of their real estate increase by an average of six per cent in 2012, the first annual increase in more than five years.
Data tracking firm Zillow Inc. said Thursday it expects U.S. homes will have increased in value by a cumulative $1.3 trillion US in 2012, bringing the total value of residential real estate to $23.7 trillion. U.S. real estate lost $792 billion in value last year, the firm says………………………………………..Full Article: Source


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