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National home values increased 0.5% in February, according to Zillow, bringing the Y/Y decline...

National home values increased 0.5% in February, according to Zillow, bringing the Y/Y decline to 4.5%. The rental market continues to shine, rents rising 2% Y/Y. Apartment rental REITs: ESS +18.2%, AVB +15.5%,EQR +7% Y/Y.
Comments (1)
  • "National home values increased 0.5% in February",

     

    Funny that's exactly the opposite of the first line of the actual story:

     

    "The February Real Estate Market Reports show that national home values decreased 0.5% to $145,400 from January to February. On an annual basis, this represents a 4.5% decline (See Figure 2)."

     

    I'm sure the SA proofreaders will catch this one eventually.

     

    Tomato, tomato I guess :)
    10 Apr 2012, 01:59 PM Reply Like
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