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Median home prices News

US Median Home Prices See Decline

Economists say that the 1 to 2 percent drop in median home prices in the US may continue into 2008 and even 2009. One of the biggest factors here is that many in the government said that this decline in pricing could not happen. . .
In the Media by Craig S. Byrnes
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U.S. home prices fell 3.7% in November, the third straight month of declines, according to the Case-Shiller home-price index.

U.S. home prices fell again in January but at a slower pace, according to Standard & Poor’s Case-Shiller home-price indexes. Despite the slower pace, the consistent drop in home values has meant that nearly a decade of price gains in the U.S. housing market have...
Single-family home prices in the US dropped by 0.7% in November, amid weaker consumer confidence.

The Canadian Real Estate Association has downgraded its housing forecast and expects home prices to fall in 2012


The price of a new home in Canada rose by 2.5 per cent last year, led by big jumps in Toronto and Oshawa, Ont., according to Statistics Canada.

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