Listing prices continue to rise in August

posted in: Community, Real Estate | 0

Trulia reports largest yearly increase since downturn began

By Inman News, Wednesday, September 5, 2012.

Inman News®

Asking prices for homes for sale on real estate search and marketing website Trulia were up 2.3 percent in August from a year ago, the largest year-over-year increase since the housing recession began.

A monthly report from Trulia covering for-sale and for-rent properties listed on the website through Aug. 31 showed asking prices posting annual gains in 68 of the 100 largest metro areas tracked.

Asking prices of homes for sale rose 0.8 percent from July to August, the seventh straight month of gains.

When foreclosures were excluded, asking prices were up 3.8 percent nationwide from a year ago, Trulia said.

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