05.04.2012 - Home price shifts in top 10 cities: CoreLogic
The following is a list of year-on-year home price moves in the top ten cities in February, as compiled by CoreLogic. Nationally, prices fell 2% compared to Feb. 2011, or a 0.8% decline when distressed sales are excluded. Mark Fleming, the chief economist for CoreLogic, said there’s a deceleration in the pace of house price decline. “The continued strength of sales activity and tightening inventories in many markets are early and hopeful signs that prices will continue to stabilize and improve in the coming months,” he said...............................................Full Article: Source
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