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The weak housing prices in the United States in January fell by 0.8%

Release Date:2012-05-05  Hits:393
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22 announced by the Federal Housing Finance Agency Home Price Index showed that home prices in January this year, flat, no continuation of the previous month's gains, but the year still fell.



The data show that U.S. home prices in January and last month was flat, but still down year on year by 0.8%. At the same time last year, the ring of house prices in December rose by the previously reported 0.7 percent down to 0.1%.



Regionally, the highest price gains of the month North Dakota State, South Dakota State, Minnesota, Nebraska, Kansas and other areas, 4.7 percent; Maine, New Hampshire, Vermont, Massachusetts areas such as house prices fell the most, to reach 1.3 percent.



That same month, the U.S. price level lower than the peak in April 2007, 19.2 percent, roughly equivalent to the level of February 2004.



The fourth quarter of 2011, the United States nearly half of the state housing prices World steel pipe network editing , showing the real estate market improved to some extent. However, the trend was flat in January this year means that the driving force of the U.S. housing prices are still insufficient.



The recent U.S. housing market showed signs of recovery World steel pipe network editing , although some economists still believe, by the relationship between supply and demand imbalance, tight credit and high drag of the foreclosure, the U.S. housing market is completely out of the crisis still need a few years.

Disclaimer: The above "The weak housing prices in the United States in January fell by 0.8%" header information shown by the enterprises themselves, the authenticity of the content, accuracy and legitimacy of responsibility by the publisher. China Steel Harbor does not undertake any guarantee responsibility.
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