Forbes
Asking prices are rising more slowly now than a year ago. The price slowdown in especially sharp in California and the Southwest. Nevertheless, in 40 of the 100 largest markets, price gains have accelerated.
The Trulia Price Monitor and the Trulia Rent Monitor are the earliest leading indicators of housing price and rent trends nationally and locally. They adjust for the changing mix of listed homes and show what’s really happening to asking prices and rents. Asking prices lead sales prices by approximately two or more months. As a result, the Monitors reveal trends before other price indexes do. With that, here’s the scoop on where prices and rents are headed.
