US Property News

US property market set to bottom

by Ray Clancy on April 26, 2012

Many US metros to experience home value decline, says report

Home values in the United States increased 0.5% from February to March, the largest monthly increase since May 2006, according to Zillow’s first quarter Real Estate Market Reports.

Nationally, the Zillow Home Value Forecast shows that home values will fall 0.4% over the next 12 months, with many months showing no change or slight appreciation late this year, suggesting that US home values could reach a bottom in late 2012. [click to continue…]

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