National Housing Market Report by Region

This report is produced by Steve Murray at Real Trends.  As you can see, real estate is a local business and saying anything about the “national housing market” is like talking about the “national temperature being 65 degrees today.”  Talk to a local expert in your area to learn more about the specifics of your market.

Housing Market Report

February 2009                     January 2009

Closed Sales   AVG Price      Closed Sales   AVG Price

National
-18.1%             -22.2%            -17.5%           -17.3%

Regional Report

Northeast
-29.1%             -22.7%             -28.7%          -23.7%

South
-21.3%             -12.4%              -22.0%          -11.7%

Midwest
-18.9%              -16.1%             -21.5%          -15.5%

West
+36.2%             -42.4%             +15.3%         -31.2%