Sales of Foreclosed Homes Weigh on Prices, Spur Transaction Counts
Friday, October 31st, 2008In August 2008, 23 of the 25 MSAs tracked by Radar Logic’s Residential Property Index(TM) (RPX(TM)) experienced year-over-year price declines while 12 MSAs saw transaction counts increase from July 2008, according to the August 2008 RPX(TM) Monthly Housing Market Report released today by Radar Logic Incorporated. Both the price declines and the transaction count increases [...]