Housing Market Turns Corner; U.S. Home Values Post First Annual Increase In Nearly Five Year

Housing Market Turns Corner; U.S. Home Values Post First Annual Increase In Nearly Five Year

From www.forbes.com

Zillow’s second quarter Real Estate Market Reports, released today, show home values increased 2.1% from the first to the second quarter of 2012 to $149,300 (Figure 1). On an annual basis, home values rose 0.2% from June 2011 levels (Figure 2), marking the first annual increase in U.S. home values since 2007.

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