Tuesday, August 15, 2006

NAR 2nd Quarter Report : Boulder up 7.8%

by Osman Parvez


The National Association of Realtors has just released its 2nd Quarter results for existing home sales, showing a mixed market nationwide.

According to the press release,
The association’s second-quarter metro area single-family home price report, covering changes in 151 metropolitan statistical areas, shows 37 areas with double-digit annual increases and 26 metros experiencing generally minor price declines. – Many of the areas with declines are showing weakness in the local labor market.
The strongest gains were in Baton Rouge, LA and Ocala, FL. The strongest declines were in the midwest markets in Illinois, Michigan, and Ohio.

In Boulder, the report states single family home values increased 7.8%. 50 metro areas appreciated at a faster pace than Boulder. 98 markets appreciated at a slower pace than Boulder while 50 markets appreciated more, putting our metro area in about the top 1/3 of metro areas in the country.


Image: National Association of Realtors



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