Dive summary:
- FNC, Inc., an analytical firm that drops prices for sales of foreclosed property when it looks at how U.S. home prices are doing, found that the market took a break in September after several month-to-month increases.
- The number-crunching found, however, that even flat prices put September 2.3% ahead of where it was in September 2011, and prices were up still up 4.5% since Jan. 1
- FNC bases its conclusions on data from 100 metropolitan areas.
From the article:
Home values across the U.S. remained unchanged in September after enjoying six months of constant increases, according to the latest Residential Price Index from analytics firm FNC. ...