Tuesday, May 29, 2012

Update on Real Estate Market from Steve Reilly

Data through March 2012, released today by S&P Indices for

its S&P/Case-Shiller Home Price Indices, the leading measure

of U.S. home prices, showed that all three headline composites

ended the first quarter of 2012 at new post-crisis lows.

In the top 10 markets prices were down .09% since last month.

down 2.85% since last month and down 35% since peak.

In the top 20 markets prices were down .03% since last month,

down 2.57% since last year and down 35% since peak.

In the New York Markets prices were down .85% since last month.

down 2.75% since last year and down 27% since peak.

In the Boston Market prices were down .21% since last month.

down .96% since last month and down 20% since peak.

Steve Reilly, Realtor

Higgins Group

Best practice Real Estate

278 Post Road East

Westport, CT 06880

203-246-7372

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