Jersey Shore’s House Prices Show Signs of Stabilization in Q1. . . Flat prices follow previous quarter of slowing house price declines
After several years of being the most adversely affected area in the Mid-Atlantic region, the Jersey Shore’s housing market showed a continued improvement in its vital signs this past winter. Following a multi-year decline in home values that significantly exceeded that of Philadelphia and its surrounding counties, most Shore communities exhibited either flat or even positive price changes, according to the latest quarterly data. (May 12, 2011)
Kevin Gillen Market Commentary for 1st Quarter 2011
Jersey Shore House Price Indices, 2011 Q1
Philadelphia House Price Indices: Technical FAQ and Documentation
This research has been prepared by Econsult Corporation in association with Penn IUR. Econsult vice president, Kevin Gillen, is a Penn IUR Scholar and Ph.D. graduate from the Real Estate Department at the University of Pennsylvania's Wharton School.