Friday, May 22, 2009

Median home prices up slightly in April

May 22, 2009 Carolyn Said, Chronicle Staff Writer

Bay Area home sales delivered a smidgen of good news in April - but it came laden with the caveat that it's too soon to declare a turn-around in the beleaguered real estate market.

While home prices plunged compared with the same time last year, the median sales price for existing homes in the nine-county region inched up 4.2 percent in April compared with March, according to MDA DataQuick, a San Diego research firm. It was the first time since October 2007 that the median rose compared with the previous month.

Full Story

No comments: