Pittsburgh housing prices dip for 4th straight month (statistics, business)

[Craziaskowboi]

Originally Posted by Pittsburgh Business Times

Home prices in the Pittsburgh metro dipped by 0.71 percent in January, according to the FNC Residential Price Index.

Originally Posted by Cleveland.com

Prices also softened. The average sale price for a house in the [Cleveland] region was $118,993 in February, down 5.7 percent from a year before.

[bradjl2009]

Originally Posted by Gnutella

You'll have to forgive him. He always does this stuff on here.

[JoeP]

The region - like many other northern areas received more than double the average snow fall. That's a significant impact on local behavior and ability to do things.

[UKyank]

He's not very good at reading comprehension beyond headlines n'at

[Katarina Witt]

Originally Posted by Gnutella

Allow me to point out you're comparing apples (price drop in one month) to oranges (price drop from a year ago). Prices could still be up from the previous month.

[speagles84]

Originally Posted by Katiana

Allow me to point out you're comparing apples (price drop in one month) to oranges (price drop from a year ago). Prices could still be up from the previous month.

Ughm thank you! I'm so tired of him posting and starting these pointless threads. Its as if he'd rather look at one splotch of data instead of looking at an overall trend.

[Craziaskowboi]

Originally Posted by Katiana

Allow me to point out you're comparing apples (price drop in one month) to oranges (price drop from a year ago). Prices could still be up from the previous month.

Ah, K. No month-to-month numbers in the Cleveland article, but there was this:

Originally Posted by Pittsburgh Business Times

...home prices [in the Pittsburgh region] were up 2.44 percent year-over-year, which marks the sixth consecutive month of year-over-year gains.”

Originally Posted by Cleveland.com

The average sale price for a house in the region was $118,993 in February, down 5.7 percent from a year before.

Like I said, .

[The King of Um]

Compared with much of the Northeast, as well as most of PA, housing appreciation has been phenomenal here. Do you think prices always increase, every month of every year, without ever pausing or correcting? That's not realistic. Take a look at the real estate market in NY and CT. It's declined sharply and is still projected to decline. Compared to those markets, we're doing very, very well.

[szug-bot]

four straight months of decline???? CEEEEEEEE-LEBRAAAA-TION....

let 'em fall through the floor for the next 3 years or so, at which time i will be (MIGHT be) ready to finally buy.

cold of me? callous? self-centered? talk to the hand - i lost years of savings and went through heck from a near-depression economy, thanks to the housing crisis, which was not my doing and was triggered by everything i am against, too (like get rich fast/greed strategies). yes, ive finally caught up to the game - its about ME.

and - i no longer give a **** about cleveland. i used to route for the rust belt, but zman pretty much tainted my image of kinship that we may or may not have with the other post-industrial dinosaurs of the mid-atlantic/mid-west.

[Evergrey]

Originally Posted by Katiana

Allow me to point out you're comparing apples (price drop in one month) to oranges (price drop from a year ago). Prices could still be up from the previous month.

Thank you for pointing out the idiocy of zman's thread.

anyways...

Home prices decline for third month in January - Economic Report - MarketWatch

U.S. home prices slipped in January for a third straight month after a particularly harsh winter