Just published and released today the March 2010 Real-Time Housing Market Update from AltosResearch.com. The Altos 10-City Composite presents the most current perspective on housing market conditions across the country.
Highlights from the March 2010 Altos Research Real-Time Housing Market Update that’s now available:
- The Altos Research 10-City Composite Price Index was down by 1.3% in February and 3.0% during the most recent three-month period.
- The Index has now shown sequential monthly declines for the past seven months. Though readings of weekly price changes have shown modest expected seasonal increases in the past 7 weeks, indicating that the headline price number will tick up in the coming months.
- Asking prices fell in all 26 markets.
- Listing Inventory jumped in 24 of 26 markets tracked.
- All markets except San Francisco and San Jose had a median days-on-market of 100 or more in February.
The complete report is available for download by clicking on the image below.
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