Homes.com, a leading online real estate destination and a division of
Dominion Enterprises, has released its November Local Market Index, a
price performance summary of repeat sales of U.S. properties. Utilizing
home pricing data, the Index shows year-over-year gains for
single-family properties in all 300 top U.S. markets.
To provide insight into local sector housing trends across the country,
Homes.com publishes the Local Market Index for the Top 100 markets and
the companion Midsize Markets Report for defined areas ranked from
101-300. Month-over-month increases in index values were seen in 235 of
the top 300 markets, down from 253 the previous month. This downtrend is
likely due to both seasonal trends and the state of recovery for these
markets.
As a complement to the Local Market Index, Homes.com publishes an
exclusive Rebound Report, highlighting how the housing recovery process
is unfolding across the country. It measures each market’s
peak-to-trough decline in index value, which had been attributed to the
bursting of the U.S. housing bubble.
Recovery Hits Eighth Consecutive Month.aspx
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