It's True Home Prices Were Up last Month and Rents are Rising

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For those of you who have been shopping for a new home in the Fremont, Newark, Union city area, you already know what Trulia just announced.

 

From DS News

Asking Prices Up, Rent Prices Rising Faster than Home Prices: Trulia

If current trends persist, this year may be the first year since 2006 the housing market records an annual price increase, according to a report released Thursday by Trulia. At the current rate of change, the year could close with a 4 percent price increase. Overall, asking prices rose 2.5 percent year-over-year in September and were up 0.5 percent month-over-month. Meanwhile, rent prices not only continue to rise but also are rising faster than home prices. » Read More

 

 

- sunil

 

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