U.S. House Price Index Report - 1Q 2010 / March 2010

Published: 05/25/2010

Significant Findings:

Of the nine Census Divisions, the South Atlantic and Middle Atlantic experienced the most divergent price movements in the latest quarter. While prices fell 3.1 percent in the South Atlantic according to the seasonally adjusted, purchase-only index, prices fell only 0.3 percent in the Middle Atlantic.
Seasonally adjusted, purchase-only indexes indicate that prices rose in the latest quarter in four states and Washington, D.C. Prices rose over the latest four quarters in eight states and Washington, D.C.
As measured with purchase-only indexes for the 25 most populated metropolitan areas in the U.S., four-quarter price declines were greatest in the Tampa-St. Petersburg-Clearwater, FL area. That area saw price declines of 8.9 percent between the first quarters of 2009 and 2010. Prices held up best in the Washington-Arlington-Alexandria, DC-VA-MD-WV area, where prices rose 11.7 percent over that period.