Housing Trends Update—February 2013

Housing prices for new single-family homes are showing signs of recovery, surpassing their prerecession high. Existing single-family homes decrease for the second consecutive month, but the decline is marginal, and condo sales are on the rise. This according to the February release of the ULI Real Estate Business Barometer­—a monthly online resource that tracks key economic and financial trends, published by the ULI Center for Capital Markets and Real Estate. Each month, the Terwilliger Center highlights selected data housing trends from the Barometer. Here’s what caught our eye in the February release:…
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