All of the markets that are listed as good for investors took
the biggest declines in home prices during the housing bust.
Not exact matches
Average
home prices in Dandong rose nearly 1 percent
in April from March, according to data from the China Real Estate Association, compared with a 0.5 percent
decline in the same period a year earlier, although city - wide averages tend not to fully reflect
big price fluctuations at individual projects.
For example, Houston
home prices didn't really crater until late 1987, even though the job market plummeted a year earlier and oil
prices recorded their
biggest year - over-year
decline in 1986's first half.
Monthly
home prices declined in China's
biggest cities for the first time
in two years, real estate firm Soufun reported on Tuesday.
The Bureau of Labor Statistics reported earlier this month that food - at -
home prices fell 0.1 %
in November, the seventh straight month they've
declined, and over the past 12 months, they're down 2.2 % from the same time last year with meats, poultry, fish, and eggs posting the
biggest drops and now sitting 6 % below the year - ago figure.
The
big problem with this is that people will then use these mental gymnastics to justify financing a renovation — and take on debt today,
in order to increase your
home's value tomorrow is not financially savvy (particularly with rates poised to rise, which will prompt a cooling housing market and
declining housing
prices).
New data show
price declines easing
in big cities, sales of new
homes improving nationally and foreclosures
in California dropping to levels not seen since before the start of the credit crunch nearly five years ago.