Some Positive Housing News from Zillow’s Stats – Depreciation Rate Stabalizing
After reaching highs in the second quarter of 2006, the US Zillow Home Value Index reported increases.
From 12.4% annualized depreciation in March 2009, the depreciation rate moved to 12.3% in April, 12.2% in May and 12.1% in June. Even some of the most hard hit areas in the US are reporting that they have had about 5 to 8 months of these rates decreasing.
These signs are good for stabilization of home values.


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