Home values in the United States in November remained flat with the prior month but declined 4.6% from last year, according to the latest real estate markets report from Zillow Inc. (Z: 24.29 +5.47%).
The company's home value index, which measures prices across the nation, shows the average home price was $147,800 in November, the same level recorded in 2003.
Of the 165 housing markets tracked by Zillow, 60% noted appreciating or flat home values in November, including Los Angeles, Washington, Miami-Ft. Lauderdale, Fla., San Francisco and Detroit.
Read the rest of the article at Housing Wire
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