|Change in Bottom-Tier Home Prices in Selected Cities, Jan 2000 - October 2012|
January 7, 2013
The price increases in the bottom-tier housing markets in December were truly extraordinary. On the one hand, it is not altogether surprising that prices in this segment of the market would rise the most rapidly since it had been badly beaten up in the crash, especially after the ending of the first-time buyers tax credit.
For more, check out the latest Housing Market Monitor.