Is Real Estate An Efficient Market?

Home values in the Houston area are up over the past year, but lag the national appreciation rate, a new report shows. I don’t know how Zillow get’s away with publishing home values in the first place. RealCentralVA has graphs that show sales declines are much steeper in this area. Please enter your email below below, and we’ll send you a new code to reset your password. We use MLS data on recently sold homes in your area to calculate your property’s current market value.home values

Single-family home values continue to be higher in the vast majority of markets but the gap is narrowing in many, thanks to the faster appreciation rates of condos in recent years. Over the last 12 months, home values decreased 0.6 percent, and during the last five years, home values increased 40.9 percent.

Using an automated valuation model that incorporates a wide range of data available …