Home Prices in Q4 2008: More than 50% of U.S. States Showed Positive Growth in Home Prices
Submitted by CARPE DIEM
The OFHEO Price Index data was just released for the fourth quarter of 2008 and my friend and co-author at the Mackinac Center for Public Policy, James Hohman, points out the following:
- There were 28 states that had positive quarterly growth in house prices for the fourth quarter of 2008, including Michigan.
- There were 17 states that had positive home price growth in 2008, and 14 of them were Right-to-Work states.
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