NEW YORK (MainStreet) -- If you want to know which way home prices are likely to head in 2015, check out what they're doing this year -- especially in Minneapolis, a Trulia study recommends. "Nationwide home prices in any one year are typically a pretty good guide of what's going to happen next year, and only Minneapolis did better than the national numbers in [predicting the future]," says economist Jed Kolko of Trulia.com, a property-listing site that analyzed some 34 years of data to see which markets best forecast coming market moves. Must Read: 7 Stocks Warren Buffett Is Selling in 2014 Trulia looked at what housing prices did nationally and in the 100 largest U.S. metro areas between 1980 and early 2014 to see which markets serve as good bellwethers for where home values are heading. The study found that nationwide price moves in any given year serve as a generally good predictor of where average home values will go in the next 12 months. Continue Reading on MainStreet
Click to view a price quote on TRLA. Click to research the Internet industry.
from Latest TSC Headlines http://ift.tt/1y9l7Bb
No comments:
Post a Comment