Monday, December 6, 2010
Radar Logic Says Home Prices Not as Stable as Thought
Recently released information from Radar Logic claims home prices experienced a much sharper decline than the decline shown in other companies' reports. Radar Logic's September housing market report released on Thursday shows the composite index of home prices experienced a 2.7 percent decline from the previous month. Radar Logic asserts that its data, which is compiled from measurements of 25 metropolitan statistical areas, shows that the housing market is weaker than it might appear.