For the first time in three years, July data shows the
price appreciation and inventory increases established during
peak buying season (from April to July) continue their upward trend, untouched by external economic factors, according to the realtor.com ® July National
Housing Trend Report released this week by Move, Inc..
«The slowdown in
appreciation is positive for the
housing market as almost half the states are now within 10 percent of their respective historical
price peaks,» says Mark Fleming, chief economist for CoreLogic.