This is an overview of the housing situation by region from the AP:
The Associated Press: Welcome to the bottom: Housing begins slow rebound
It includes this line under the Northeast section:
Quote:
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Pittsburgh has the region's strongest home market in terms of sales and prices because the city saw less of a housing bubble and the area has 7.7 percent unemployment rate that is below the national rate.
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It is funny for me to think that in just my relatively short time here (a little over two years now), I can remember some people back in the day criticizing the local housing market for not experiencing a lot of appreciation.