US median single family house prices registered mixed yearly trends in October 2009, according to recently released data by the National Association of Realtors (NAR) on 19 major US housing markets.
In particular, median prices in October 2009 posted year-over-year increases in 9 out of the 19 major markets covered by the data while they decreased in the remaining 10. St. Louis, Houston and Kansas City were the three top performers among these markets, with yearly price increases of 8.7%, 4.8% and 3.8%, respectively. Minneapolis and Cincinnati complete the list of the top five performers with yearly price increases of 3.5% and 3.4%, respectively. In both Dallas and Pittsburgh median single family house prices posted a yearly increase of 1.5%.
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Phoenix, Atlanta and Portland were the worst three performers in October 2009 among the markets covered by the NAR data, as their median single family house prices posted yearly declines of 15.5%, 10.9% and 10.6%, respectively. Minneapolis and Cincinnati complete the list of the top worst performers with yearly price declines of 10.5% and 9%, respectively. Boston, New York, San Antonio and Philadelphia posted also yearly price declines ranging between 4% and 4.8%.
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