Thursday, January 24, 2013

Home Values See Largest Annual Gain Since 2006

S. home values in 2012 rose 5.9 percent over 2011, according to data in Zillow's latest Home Value Index (HVI).

The 5.9 percent appreciation rate is the largest annual gain since August 2006, near the peak of the housing bubble.

While the market still has some ground to cover before it's completely healthy again, Zillow said in a release that 2012's appreciation rate "far exceeded yearly rates of appreciation typically associated with healthy markets," which "can expect annual home value appreciation of roughly 3 percent on average."   Read more...  http://www.dsnews.com/articles/home-values-see-largest-annual-gain-since-2006-2013-01-22

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