July 17, 2011

Housing Numbers Show a Hint of Promise — But Is It Real?

In a surprising twist, some of the best housing numbers in eight months came out recently. We checked with Editor in Chief of AOL Real Estate Laura Goldstein. She cautioned against getting too excited, too quickly. Underlying the numbers might be a seasonal uptick and stalled foreclosures, which tend to suppress prices.

We'll continue to stay on the story, but she suspects we won't know anytime soon whether the favorable numbers will become a trend. In the meantime, it's a welcome aberration, though not one enjoyed in all metro markets.

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Tags: housing market, real estate news, real estate prices

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