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May 11--The Baltimore region saw a double-digit jump in average home sale prices in April, the most in six years -- but the gain was driven by a shrinking supply of cheap foreclosures rather than a resurgence in value.
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Fiserv, Inc. (NASDAQ: FISV) today released an analysis of home price trends in more than 380 U.S. markets based on the Fiserv® Case-Shiller Indexes®.
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New home sales fell in January. Foreclosures as a percentage of existing home sales dropped, falling 14.2 percentage points.
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New home sales fell year-over-year in Baltimore, MD in December. Foreclosures as a percentage of existing home sales dropped, falling 11.8 percentage points.
High tech and medicine spur job creation while military jobs wane.
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New home sales rose from a year earlier in Baltimore, MD in November after sales decreased last month. The percentage of new home sales belonging to attached homes dropped, falling 18.5 percentage points.
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New home sales fell in Baltimore, MD in October. Real Estate Owned (REO) sales as a percentage of existing home sales dropped, falling 10.8 percentage points.
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New home sales fell in Baltimore, MD in September. Foreclosures as a percentage of existing home sales dropped, falling 16.3 percentage points.
A smattering of economic development news across the country relevant to home builders.
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New home sales fell year-over-year in Baltimore, MD in August. Foreclosures as a percentage of existing home sales dropped, falling 22.5 percentage points.