Home prices have continued rising at a steady pace, signaling 2016 will offer more of the same in the housing market: tight inventory leading to rising prices and sales volatility. The S&P/Case-Shiller Home Price Index, covering the entire nation, rose 5.4% in the last 12 months. Read the rest here:
Have Glendale real estate values peaked? The average Glendale home is selling quickly at just over asking price. The 2% absorption rate reflects a very strong Glendale real estate environment for home sellers.
It will be interesting to see what the remainder of the year has in store for the Glendale real estate market.