RadarLogic home prices hit lowest level since 2003

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Yesterday Radar Logic released their Monthly Housing Market Report for May. They saw a year-over-year decline in home values of 5.9% in May. This is the fastest that prices have declined since September 2009, leading the researchers to conclude that "the absence of spring strength foreshadows new lows in the fall."

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The median home price in 2000 was 4.7 times the median family income, but by 2006, home prices were 10 times the median income level, making L.A. the least affordable housing market in the country.

Consumers requested the lowest number of credit inquiries since 2003 – why that’s a cause for concern. When coupled with rising home prices, higher mortgage rates have also put a damper on.

California’s housing-supply slump has driven home prices to levels unseen since 2007. in the state is at a 70-year low. And it’s near impossible to find affordable rental options. Silicon Valley.

Data provided to Columbus Business First from Binns Real estate services show that since 2000, the peak of 11,266 permits for Franklin and surrounding counties occurred in 2003. That number hit..

Home sales in Sydney have fallen to the lowest level in over 15 years. Beyond the fact that Sydney home prices are expensive, even with recent price falls, there are a number of other factors that.

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Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly on Monday. Analysts say the drop has been driven by oversupply, coupled with a fall.

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The median sales price for new houses sold in August fell 0.6% to $204,000, the report said, the lowest since December 2003, while the average selling price was $248,000. The median price was 1.2% lower than year-earlier results. There were 206,000 new homes for sale at the end of August. Inventory fell 1.4% to the lowest level since August 1968.