The August data from a home price index suggested that a housing recovery is taking hold.
Stories Related to U.s. Home Prices Continue To Stabilize
By DAVID STREITFELD, New York Times
Tue, 10/27/2009 - 7:06am
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BING NEWS:
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Elevated mortgage rates, rising home prices and other U.S. housing market trends that have kept many would-be homebuyers on the sidelines are likely to remain hurdles next year, driving solid demand ...
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Many of the same pressures will continue to drag real estate. High mortgage rates, fewer homes for sale and record-breaking home prices are all limiting home sales.
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The most affordable cities were largely in the Midwest and its surrounding areas, including Cleveland, Louisville, Detroit and St. Louis.
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