September/October 2012 Market Pulse

Key market data at the midpoint of 2012 suggest a solid second half of the year. Existing-home sales were up more than 2 percent; home prices were up more than 9 percent on a year-over-year basis, to $187,300; and inventories were down pointing to possible continued growth. Distressed sales were down as a share of the market, too. All trend lines are July 2011 to July 2012.
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